A(n) ____________warranty is a guarantee suggested or inferred from known facts and circumstances.
A) executed
B) expressed
C) implied
D) contingent

Question

Quizplus · Accepted Answer

An implied warranty is one that is not stated explicitly, but rather is suggested or inferred from the circumstances of the sale. It is based on the assumption that certain things are always true in a sale, such as the seller owning the item being sold and the item being fit for its intended purpose. This type of warranty is legally required in some situations, such as when a product is sold in a merchant's store.

A(n) ____________Warranty Is a Guarantee Suggested or Inferred from Known