BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Any sample or model used as part of the transaction creates a(n)
A
express warranty
B
limited warranty
C
warranty of title
D
full warranty
Explanation: 

Detailed explanation-1: -(c) Any sample or model which is made part of the basis of the bargain creates an express warranty that the whole of the goods shall conform to the sample or model.

Detailed explanation-2: -An “express” warranty by a seller is created by: Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.

Detailed explanation-3: -An express warranty is created when a seller indicates that the goods will conform to: (1) All affirmations of fact or promises made about the goods. Examples: “ This car will go 100 miles per hour". “ This paint will not fade for at least 5 years".

There is 1 question to complete.