Which of the following is needed in order for the implied warranty of merchantability to be applied?
A)Both parties must be merchants,and a sale must be involved.
B)Both parties must be merchants,and either a sale or lease must be involved.
C)The seller must be a merchant,and a sale must be involved.
D)A seller or lessor must be a merchant,and either a sale or lease must be involved.
E)The seller must be a merchant,goods valued at over $500 must be involved,and either a sale or lease must be involved.

Question

Quizplus · Accepted Answer

To invoke the implied warranty of merchantability,the buyer or lessee must have purchased or leased the good from a merchant.For example,a dirt bike purchased at a bicycle shop is covered by the implied warranty of merchantability,but a bike purchased from a residential neighbor at a garage sale is not.

Which of the Following Is Needed in Order for the Implied