Insurance, if you have mileage limits, preparing for weather, choosing the car.
There are many reason like a new life, religion
The next time that Hanukkah begins on Christmas Day is in 2024.
A standard policy of title insurance covers all of the following EXCEPT "unrecorded liens".
<u>Answer:</u> Option A
<u>Explanation:</u>
Title insurance covers all property owners and borrowers against damage or loss arising from liens, liabilities or deficiencies in a property's title or property's possession.
In general, a standard title insurance policy would cover the applicant against damages resulting from title errors such as:
- Forged documents such as deeds, dower releases, mortgages;
- Undisclosed heirs;
- Capacity deficient (minors);
- Wrong legal understanding of wills;
- Incomplete records, unwanted acknowledgments;
- Misunderstanding arising from name similarities;
- Wrong marital status and intellectual incompetence.
Answer:
The implied warranty for fitness for a purpose has been breached.
Explanation:
The implied warranty of fitness for a particular purpose occurs when the seller understands that the product is suitable for carrying out a specific activity and assures the buyer that when purchasing the product the activity will be carried out successfully. This activity is something very specific and is guaranteed with the purchase. As we can see in the question above, the seller assured Carr that the motorcycle he was buying was suitable for the race he wanted to participate in, but that was a lie, since the motorcycle did not have enough power to carry out the race. In this case, we can say that the implied warranty of fitness for a particular purpose has been violated.
