Which of the Following Warranties Apply to Merchants Only

question 21

Multiple Choice

Which of the following warranties apply to merchants only?

• A)Warranty of no infringements and warranty of merchantability.
• B)Warranty of no security interests and warranty of merchantability.
• C)Warranty of merchantability and warranty of fitness for a particular purpose.
• D)Warranty of merchantability and warranties of quality.

---

Definitions:

Celler-Kefauver Act

A United States antitrust law passed in 1950 to prohibit certain mergers and acquisitions that could lead to a decrease in competition.

Lessen Competition

A situation or strategy in which there is a reduction in the intensity of competitive forces within a market or industry.

Patent Legislation

Laws that grant inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission.

Federal Trade Commission

A federal agency established to promote consumer protection and the elimination and prevention of anticompetitive business practices.