I want only the correct answer option and don\'t want any explanation for the an
ID: 350034 • Letter: I
Question
I want only the correct answer option and don't want any explanation for the answer. Please respond as soon as possible. Thanks.
Under the Equal Credit Opportunity Act, lenders must respond to a completed credit application within _________.
A.
60 days..
B.
30 days.
C.
90 days.
D.
10 days
3.00000 points
QUESTION 46
Usually, unsecured creditors receive most of what they are owed in a Chapter 7 bankruptcy
True
False
3.00000 points
QUESTION 47
A sales representative at Sears, Inc orally told Li that its portable fireplace could be used indoors. Li purchased the fireplace. Which statement is correct concerning the claim that the fireplace can be used indoors?
A.
The claim is an express warranty..
B.
The claim is an implied warranty of merchantability.
C.
The claim is not a warranty because it is not in writing.
D.
The claim is not a warranty because it is sales puffery
3.00000 points
QUESTION 48
Generally, a(n) _________ warranty arises automatically in every sale.
A.
express
B.
limited..
C.
full warranty.
D.
implied warranty
3.00000 points
QUESTION 49
A(n) warranty of ________________ is created when the buyer relies on the seller to pick out the goods that the buyer requires to meet a stated need.
A.
conformity to description
B.
merchantability
C.
fitness for particular purpose
D.
conformity to sample or model
3.00000 points
QUESTION 50
A written product manual or label that attempts to disclaim the implied warranty of merchantability must only be conspicuous.
True
False
3.00000 points
QUESTION 51
The implied warranty of merchantability means:
A.
the goods are fit the specific purpose for which they are created.
B.
the goods are fit for the general purpose for which such goods are used.
C.
the goods are fit for the general purpose for which all goods are sold.
D.
the goods are designed and tested for the most discriminating consumer.
3.00000 points
QUESTION 52
In order the implied warranty of merchantability to exist:
A.
the seller must be in privity of contract with the buyer..
B.
the buyer must have paid retail for the product.
C.
the seller must be a merchant.
D.
the buyer must be a merchant
3.00000 points
QUESTION 53
In a negligence product liability case the plaintiff must prove:
A.
the seller is liable without fault.
B.
there were safer alternatives than those in the product.
C.
a breach of duty on the buyer's part.
D.
a breach of duty on the seller's part
3.00000 points
QUESTION 54
Strict liability applies to:.
A.
Manufacturers.
B.
Distributors.
C.
Retailers.
D.
All of the above
3.00000 points
QUESTION 55
Product disclaimers based on negligence liability can be viewed as a contractual assumption of the risk defense
True
False
A.
60 days..
B.
30 days.
C.
90 days.
D.
10 days
Explanation / Answer
30 days
The time limit is 30days.
46 False
The above statement is False.
47 D The claim is not a warranty because it is sales puffery
The warrantee is written statement by the company and if product gets failed within specific period then the manufacturer will liable to replace or correct the [product. This is a sales puffery. This was made to promote the product for selling purpose.
48 Implied warranties is the correct option.
Implied warrantee is the integral part of every sale. The seller remains liable for any breach, penalty etc. Hence option D is correct.
As per Chegg Pl ask the rest questions separately. I can answer only 4 in one go.
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