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Business Law 1 Final Exam 2024 Questions & Answers 100% Correct!!

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Warranty - ANSWERSan assurance by one party of the existence of a fact upon which the other party can rely 3 Items of "Implied Warranty of Title" - ANSWERS1.Good Title 2. No Liens (No Loan) 3. No infringement on intellectual property rights Holder - ANSWERSanyone who has received an instrument of through negotiation indorsement - ANSWERSwriting on the back Holder in Due Course - ANSWERShas completed 3 elements of 3-302 1. For value 2. In good faith 3. Without value of defects Stale Check - ANSWERSa check more than 6 months old Puffery - ANSWERSan exaggeration of of an objects performance Implied Warranty of Merchantability - ANSWERS1. Fair, average quality 2. Fits ordinary purpose 3. Runs

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Institution
Business Law 1
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Uploaded on
January 20, 2024
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Written in
2023/2024
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Questions & answers

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  • business law 1 final exam 2024 questions answers
  • business law 1 final exam 2024 stuvia
  • warranty answersan assurance by one party of the
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