Eliza Buys a Car from TinCar Autos with a Warranty

question 18

Multiple Choice

Eliza buys a car from TinCar Autos with a warranty that says any defect of the car will be repaired or replaced free for a period of six months after the sale. TinCar has taken security interests in the car. Before completely paying off for the car, Eliza sells the car to Mona for cash. Mona is unaware of TinCar's security interest in the car. After Eliza misses several of her payments, TinCar discovers that Mona has the car, and repossesses it. Which warranty breach can Mona assert to recover from Eliza?

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

Understand the significance of mutual trust within a partnership and its impact on partnership formation and operation.

Assess the legal and financial risks involved in forming and operating a partnership.

Understand the legal and strategic implications of merging a sole proprietorship with a corporation.

Analyze the roles and responsibilities of business partners in a unified venture.

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Definitions:

Effort

The amount of physical or mental energy put into achieving a particular task or outcome.

Plant Managers

Individuals responsible for overseeing the daily operations of a manufacturing facility or plant.

Multi-Plant Firms

Companies or enterprises that operate and manage more than one production or manufacturing facility.

Capacity

The maximum amount of something that a facility or system can contain or produce.