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Which of the following best describes an implied warranty of merchantability?

  1. The product is intended for a specific purpose

  2. The product meets the ordinary purpose for which it is used

  3. The product has a set shelf life upon purchase

  4. The product is the least expensive option available

The correct answer is: The product meets the ordinary purpose for which it is used

An implied warranty of merchantability is a legal concept that ensures when a product is sold, it meets the basic standards of quality and functionality that an average consumer would expect. This warranty indicates that the product is fit for the general purpose for which it is sold, meaning it should work properly and be of average quality within its category. Therefore, stating that "the product meets the ordinary purpose for which it is used" aligns perfectly with how an implied warranty of merchantability is defined. It provides assurance to the buyer that they can expect the product to perform as intended, without defects or issues that would hinder its usability under normal conditions. This understanding of the warranty contrasts with other choices. For instance, stating that a product is designed for a "specific purpose" would align more with an express warranty rather than an implied one. The notion of having a "set shelf life" focuses on the durability or physical lifespan of the product, which does not inherently describe its ability to perform satisfactorily for general use. Finally, defining a product as the "least expensive option available" does not relate to its quality or functionality; rather, it pertains solely to price, which does not guarantee that the product meets the expected standards of merchantability.