What Are 3 Examples Of Implied Warranties? Under the implied category are three major subtypes: the implied warranty of merchantability (only given by merchants), the implied warranty of fitness for a particular purpose, and the implied warranty of title. What are the implied warranties in sale? A warranty of merchantability is implied in every sales
Which Of The Following Is The Key Difference Between Conditions Subsequent And Conditions Precedent? If the parties agreed to a condition precedent, the plaintiff has the burden to prove the condition happened, and hence that the defendent was obligated to perform. But with a condition subsequent, it is the defendent who must prove that the
What Is An Example Of Implied Warranty Of Fitness? For example, if a farmer goes to a farm supply store, and tells the salesman he needs a plow for the rocky soil of his farm, and the salesman directs him to a particular plow, there may be an implied warranty that the plow in question
What Kinds Of Statements Would Constitute An Implied Warranty Of Fitness? This type of warranty is created if the seller has reason to know that: (1) the buyer intends to use the goods being sold for a particular purpose; and (2) the buyer is relying on the seller’s skill or judgment in selecting which goods