Business Law 1 Final Exam 2024 Questions & Answers 100% Correct!!
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
Escuela, estudio y materia
- Institución
- Business Law 1
- Grado
- Business Law 1
Información del documento
- Subido en
- 20 de enero de 2024
- Número de páginas
- 2
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
-
business law 1 final exam 2024 questions answers
-
business law 1 final exam 2024 stuvia
-
warranty answersan assurance by one party of the
Documento también disponible en un lote