CTD 328 TEST 1 PRACTICE QUESTIONS AND ANSWERS 100% ACCURATE
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Course
CTD 328
Institution
CTD 328
vCTD 328 TEST 1 PRACTICE QUESTIONS AND ANSWERS 100% ACCURATECTD 328 TEST 1 PRACTICE QUESTIONS AND ANSWERS 100% ACCURATECTD 328 TEST 1 PRACTICE QUESTIONS AND ANSWERS 100% ACCURATEStrict Liability - ANSWER-a seller is liable for any and all defective or hazardous products which unduly threaten a cons...
CTD 328 TEST 1 PRACTICE QUESTIONS
AND ANSWERS 100% ACCURATE
Strict Liability - ANSWER-a seller is liable for any and all defective or hazardous
products which unduly threaten a consumer's personal safety.
Statutes of Frauds - ANSWER-provide specific requiremens for when certain types of
contracts must be in writing to be enforceable.
Warranty - ANSWER-is defined in contract and sales law as "a promise that something
in furtherance of the contract is guaranteed by one of the contractor, especially the
seller's promise that the thing being sold is as promised or represented."
Implied Warranty of Fitness - ANSWER-When the seller knows the interned purpose of
the item, the buyer must rely on the seller's knowledge to select or recommend goods
for the purpose.
Puffing - ANSWER-the expression of opinion by the sales person
Warranty of Fitness- disclaimer - ANSWER-says the item is not warranted for anything
other than its intended use
Warranty of Title - ANSWER-that the buyer is protected from loss if they unknowingly
buy goods with a lien attached to them, or infringement associated with it
U.C.C. - ANSWER-a model "building code" for the sales of goods, including a title for
goods from one party to another (furniture, cars, etc.)
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