QuickHelper

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About QuickHelper

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Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 4 Days Ago
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Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Management Posted 04 Oct 2017 My Price 10.00

When a buyer is sued by a third party holding copyright,

When a buyer is sued by a third party holding copyright, trademark, or patent rights in the goods, the title warranty of no infringements has been breached. What must the buyer do?

a. give back the goods to the seller

b. give the goods to the party claiming the infringement

c. Notify the seller of the litigation within a reasonable time. 

 

Assume that the seller agrees to defend and pay the expenses of an infringement lawsuit pursued against the buyer. What must the buyer then do?

a. continue to pay for the litigation

b. turn over control of the litigation to the seller

c. hire a new attorney

 

Drag and Drop the appropriate terms into the spaces provided.

A statement about the          of goods usually does not create a warranty.

Ordinarily, statements of opinion do not create warranties unless the seller is an          giving an opinion to a layperson.

The reasonableness of the buyer's reliance on a seller's statement appears to be the controlling          in determining whether the statement constitutes an express warranty.

A reasonable person is more likely to rely on a written statement made in a(n)          than on a statement made orally by a salesperson.

Fill in the blanks with words that would best complete the passage.

criterion      psychologist       value     layperson     design     size     implication     expert      advertisement

 

Drag and Drop the appropriate terms into the spaces provided.

Normally a seller can disclaim title warranties only by including          language in the contract.

In most sales, sellers warrant that the transfer of title is          .

The second warranty of title, called no liens, protects buyers who          purchase goods that are subject to a creditor's security interest.

A merchant-seller warrants that the buyer takes the goods          of infringements from any copyright, trademark, or patent claims of a third person.

Fill in the blanks with words that would best complete the passage.

rightful     specific     general    knowingly     good enough      free      unknowingly

Answers

QuickHelper
(10)
Status NEW Posted 04 Oct 2017 07:10 PM My Price 10.00

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