An Implied Warranty of ________ Is a Warranty That Arises

question 75

Multiple Choice

An implied warranty of ________ is a warranty that arises where a seller or lessor warrants that the goods will meet the buyer's or lessee's expressed needs.

• A) merchantability
• B) fitness for a particular purpose
• C) fitness for human consumption
• D) good title

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Definitions:

Voluntary Turnover

The act of employees leaving an organization by their own choice, as opposed to being dismissed or terminated by the employer.

Facility Closed

The process or state of shutting down operations and ceasing activities in a particular building or location.

Laid Off

It denotes the termination of employment by an employer against the wishes of the employee, often due to economic downturns or company restructuring.

Survivor Syndrome

Emotional and psychological effects experienced by employees who remain in an organization after significant layoffs or restructurings, often including guilt or increased stress.