Between Buyers and Sellers in the U

question 44

Multiple Choice

Between buyers and sellers in the U.S., which of the following is true regarding disclaiming the warranty of merchantability?

• A) The disclaimer must be in writing.
• B) Some states require that the term merchantability be used in the disclaimer.
• C) The disclaimer may be made orally or in writing.
• D) The disclaimer must be in writing, and some states require that the term merchantability be used in the disclaimer.
• E) The disclaimer may be made orally or in writing, and some states require that the term merchantability be used in the disclaimer.

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Definitions:

Surveys

A method of gathering information by asking questions to a group of people to collect data on opinions, behaviors, or experiences.

Statistical Analysis

The process of examining data sets to draw conclusions about the information they contain, using statistical methods.

Summarizing

The act of condensing the main points of a larger piece of text or conversation into a brief overview.

Paraphrasing

The act of rewording or rephrasing text while maintaining the original meaning.