25. Which is a not a correct statement about the concept of waiver?

a. involves a knowing relinquishment of a legal right.

b. nonbreaching party accepts defective performance.

c. waiver of one breach forgives future breaches.

d. all of the above.

Woodgrain Unlimited, a merchant specializing in flooring products, enters into a contract for sale of a flooring product to be installed in Sylvias home. Under Article 2 of the Uniform Commercial Code, an implied warranty of fitness for a particular purpose may arise if?

a. Sylvia relied on Woodgrain to furnish the appropriate flooring product.

b. Sylvia chose a particular product over other similar materials based on Woodgrains recommendation.

c. Woodgrain knew that Sylvia was relying on it to select a suitable flooring product.

d. All of the above.

Which of the following items would be considered goods covered by Article 2 of the Uniform Commercial Code?

a. Consulting services

b. Storage shed that cannot be moved

c. Intellectual property

d. Cattle

An express warranty may be formed by which of the following:

a. Sellers product claims made in advertising and marketing brochures.

b. Sellers assurances that the product will conform to specifications.

c. Sellers product recommendation or opinion.

d. a and b only