A Warranty in Which the Seller Warrants That He or She

question 22

Multiple Choice

A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer of title is rightful is known as a warranty ________.

• A) of no security interests
• B) of no interference
• C) of good title
• D) against infringements

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Definitions:

Utilitarian Theory

An ethical theory that suggests the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Predict Outcomes

The process of forecasting the probable results or consequences of an action or event based on current data or trends.

Self-interest

Acting based on one’s own benefit or advantage, often disregarding others.

Utilitarian Theory

A normative ethical theory that proposes actions are right if they benefit the majority, aiming to maximize happiness and reduce suffering.