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1) In a sales contract which party makes warranties, buyer or seller?

2) In contrast to an express warranty, implied warranties are made simply by selling an item

3) What is the implied warranty of merchantibility?

4) Can any seller make an implied warranty of merchantibility?

5) What's the difference bewteen the implied warranty of merchantability and the implied warranty of fitness for a particular purpose?

6) Can any seller make the wrranty of fitness for a particular purpose?

7) In order for the warranty of fitness to apply the buyer must prove one thing about the seller and one thing about the buyer...what are those things?

8) As between express warranties, implied warranties of merchantability and implied warranties of fitness for a particular purpose which of these haas the highest priority if there are conflicting warrranties? The lowest?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93046914

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