Blaw Chapter 21 – Warranties Exam Questions With Correct Answers
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Course
BLAW
Institution
BLAW
Blaw Chapter 21 – Warranties Exam
Questions With Correct Answers
"let the buyer beware" basically the burden is on the buyer to practice due diligence. Used to
work this way, but UCC flipped implied and express warranty burden on seller -
answerCaveat Emptor
a confirmation of the quality or ...
Blaw Chapter 21 – Warranties Exam
Questions With Correct Answers
"let the buyer beware" basically the burden is on the buyer to practice due diligence. Used to
work this way, but UCC flipped implied and express warranty burden on seller -
answer✔✔Caveat Emptor
a confirmation of the quality or performance of a good or service - answer✔✔Warranty
A seller's or lessor's oral, written, or inferred promise, ancillary to an underlying sales or lease
agreement, as to the quality, description, or performance of the goods being sold or leased. -
answer✔✔Express Warranty
no - answer✔✔Is an express warranty required
False - answer✔✔T/F - The word guarantee has to be used in an express warranty?
A commendation of goods, made by a seller or lessor, that does not create an express warranty. -
answer✔✔statement of opinion
1. All affirmations of fact or promise made about the goods.
2. Any description of the goods
3. Any model or sample of the goods - answer✔✔When an express warranty is created a seller
indicates goods will conform to:
Warranty must be a contributing factor that enticed buyer/lessee to enter the contract
A retailer is liable for the express warranties made by manufacturers of goods it sells -
answer✔✔Recovery for breach of warranty
Difference between value of goods as warranted and actual value of goods at time and place of
acceptance
- Recoverable for personal injuries caused by breach of warranty - answer✔✔compensatory
damages
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