Which of the following is a correct statement regarding implied warranties?

A. The seller cannot include a clause in the sales contract that excludes implied warranties.
B. Implied warranties are absolute.
C. The courts do not favor implied warranties.
D. One of the implied warranties of quality imposed under the Uniform Commercial Code is the implied warranty of merchantability.


Answer: D

Business

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Before Sandra opened her florist shop she read all she could about the floral industry

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Cherokee Company reported consolidated revenue of $90,000,000 in 20X5. Cherokee operates in two geographic areas, domestic and Europe. The following information pertains to these two areas:  Sales to External Interarea Sales Customers Between AffiliatesDomestic $62,000,000    $6,000,000  Europe $28,000,000    $4,000,000  What calculation below is correct to determine if the revenue test is satisfied for the European operations?

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