<span>An implied warranty of merchantability is an implied warranty on a product for sale that essentially guarantees through implication, that a product will reasonably conform to a buyer's standards and that the product is suitable for sale. In other words, unless the seller of the product explicitly states otherwise by using a phrase such as “as is” or “defective” in describing the product, the buyer has the reasonable right to expect that the item he is buying will conform to his basic expectations and will have no flaws that are not immediately discernible or part of the nature of the item.</span>
The correct answer would be option B, A percent of its assessed value.
The market value of a property is A percent of its assessed value.
Explanation:
Market value is basically an estimate, an opinion, about the percentage price of the fair value of the property or anything.
When estimates and opinions are made about the selling price of the property in the competitive market, actually the Market value of that property is assessed. The market value of the property is assessed on the following criteria:
- benefits and features of the property
- overall situation of the real estate market
- supply and demand of the properties
- value of the similar properties in the current situation
On the basis of the above criteria, the market value of the property is assessed.
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I believe it is true because if speaker is too complex he/she would tend to lose the audience. Hope this is correct :)
Answer:
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Explanation:
howw r u dear