A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer o

Question

3 years ago

10

A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer o

f title is rightful is known as a warranty ________. of good title of no interference of no security interests against infringements

Business

1 answer:

balandron [24] · Answer 1 · 2022-10-11T05:01:59+03:00

Answer:

of good title.

Explanation:

A good can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a good are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.

Hence, a warranty in which the seller of a good or service warrants that he or she has valid title to the goods he or she is selling and that the transfer of title is rightful is known as a warranty of good title.

A legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.