A warranty of__________ is applied in a minority of jurisdictions and involves a warranty at the inception of a commercial lease that there are no latent defects in the premises that will prevent the premises from being used for its intended purpose and that the premises will remain in a suitable condition.
A) habitability
B) merchantability
C) suitability
D) fitness for a particular purpose

Question

Quizplus · Accepted Answer

The warranty described in the question refers to the suitability of the premises for its intended purpose. This is different from habitability, which refers to the basic living conditions of a residential property, and merchantability, which refers to a product's ability to be sold in the market. Fitness for a particular purpose refers to a warranty that a product will meet a specific need, rather than a general suitability for its intended use.

A Warranty Of__________ Is Applied in a Minority of Jurisdictions