Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. question 15 1 pts ricardo buys a used car from mik

Question 15 1 pts Ricardo buys a used car from Mike's car lot for $5,000....

90.2K

Verified Solution

Question

Finance

image
Question 15 1 pts Ricardo buys a used car from Mike's car lot for $5,000. Ricardo gives Mike the $5,000 but refuses to inspect the car. As soon as Ricardo drives the car off the lot, he discovers that one of the tires is a different size than the others which renders the car unfit for driving. The difference in tire size is so obvious that it would have been discovered through an inspection. Ricardo wants to sue Mike for breach of warranty. Will Ricardo win? Yes. The defect teaches the warranty of merchantability, No. Ricardo lost his ability to claim to defect since it would have been discovered by an inspection Yes, under the Lemon Law. No. Ricardo bore the risk of loss as soon as he took delivery of the car

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students