Future Business Leaders of America (FBLA) Business Law Practice Exam

What does the warranty of merchantability assure consumers?

1. The goods will be durable for an extended period

2. The goods are fit for the ordinary purpose for which they are sold

3. The goods meet the aesthetics of consumer expectations

4. The goods are unique and custom-made

The correct answer is: The goods are fit for the ordinary purpose for which they are sold

The warranty of merchantability is a fundamental principle in commercial law that ensures consumers can expect a certain baseline level of quality and performance from the goods they purchase. When a seller provides this warranty, it assures consumers that the goods are fit for the ordinary purposes for which such goods are used. This means that the products should be of average acceptable quality, properly packaged, and sufficiently packaged, as well as conforming to any promises or affirmations made about the product. This warranty applies generally to the sale of goods made by merchants, meaning those who regularly deal in the type of goods being sold. The warranty does not necessarily guarantee that the goods will last indefinitely or meet specific consumer aesthetics; instead, it focuses on functionality and purpose. Thus, when a consumer buys a product, they can reasonably expect that it will perform adequately for its intended use, regardless of the duration of that use or its uniqueness. The other options do not capture the essence of what the warranty of merchantability entails, as they focus on aspects such as durability, aesthetics, or uniqueness, which are not guaranteed by this particular warranty.