Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings

Exercise 19

On May 2, Handy Hardware sent Ram Industries a signed purchase order that stated, in part: "Ship for May 8 delivery 300 Model A-X socket sets at current dealer price. Terms 2/10/net 30." Ram received Handy's purchase order on May 4. On May 5, Ram discovered that it had only 200 Model A-X socket sets and 100 Model W-Z socket sets in stock. Ram shipped the Model A-X and Model W-Z sets to Handy without explanation concerning the shipment. The sockets were received by Handy on May 8. Assuming a contract exists between Handy and Ram, which of the following implied warranties would result
I. Implied warranty of merchantability
II. Implied warranty of fitness for a particular purpose
III. Implied warranty of title
a. I only
b. III only
c. I and III only
d. I, II, and III