An implied warranty of merchantability guarantees Question 5 options: That the product will be completely perfect and free of defects That the product will be suitable for its ordinary use That the manufacturer cannot be sued if the product is defective

An implied warranty of merchantability guarantees Question 5 options: That the product will be completely perfect and free of defects That the product will be suitable for its ordinary use That the manufacturer cannot be sued if the product is defective

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter23: Managing Vertical Relationships

Section: Chapter Questions

Problem 5MC

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Question

An implied warranty of merchantability guarantees

Question 5 options:

	That the product will be completely perfect and free of defects
	That the product will be suitable for its ordinary use
	That the manufacturer cannot be sued if the product is defective

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