Explain the implied warranty of fitness for a particular purpose
What will be an ideal response?
The UCC contains an implied warranty of fitness for a particular purpose. This implied warranty attaches to the sale or lease of goods if the seller or lessor has made statements that the goods will meet the buyer's or lessee's needs or purpose. This implied warranty is breached if the goods do not meet the buyer's or lessee's expressed needs. The warranty applies to both merchant and nonmerchant sellers and lessors.
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Price elasticity is generally a negative number because _____
a. demand is elastic b. demand is unitary c. demand is inelastic d. of the law of demand
Which of the following is not a way for employees to give regular feedback to a supervisor?
a. Weekly reports b. Frequent emails and phone calls c. Keeping a me file and regularly sharing it with the supervisor d. Sharing concerns with a co-worker