Exam 23: Warranties

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Generally, the implied warranties of merchantability and fitness for a particular purpose cannot be disclaimed.

(True/False)
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Beginners Run Ski Shop sells a pair of skis to Crystal. When Crystal first uses the skis, they snap in two. The cause is something that Beginners Run did not know about and could not have discovered. Beginners Run breached

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HandiTools, Inc., sells power tools, power tool parts, and related supplies under "full" warranties. Under the Magnuson-Moss Warranty Act, this means that HandiTools must provide

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To be merchantable, goods must be at least average, fair, or medium-grade quality.

(True/False)
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Sigrud buys spiked mountain-climbing shoes from Rockridge Gear store. Rockridge does not know that Sigrud plans to wear the shoes to climb Tower Mountain. When Sigrud is on the mountain, the spikes come out of the shoes, causing her to fall and be injured. Rockridge breached

(Multiple Choice)
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Ocean Vessels, Inc., and Pacific Harbor Company enter into a contract for a sale of a boat. Ocean is a merchant who deals in goods of the kind sold. The goods are defective. Under the UCC, the implied warranty of merchantability is breached

(Multiple Choice)
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A warranty of title cannot be disclaimed.

(True/False)
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Merchants are absolute insurers against all accidents arising in connection with the goods.

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A statute of limitation may restrict the time within which an action for breach of warranty may be brought.

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Wheels Inc. sells bicycles. Under most circumstances, Wheels will be presumed to have warranted that its title to the bikes is

(Multiple Choice)
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Band Instruments, Inc., sells seventy-six trombones to Community & School Band Source, Inc. To avoid liability for most implied warranties, Band Instruments should state in writing that the trombones are sold

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A warranty against infringement is a promise by the seller that the product is free from any patent, trademark, or copyright claims of a third person.

(True/False)
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Federal law imposes no requirements on warranties.​

(True/False)
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Greg, a salesperson for Home Improvement Center, tells Irena, "This is the best floor sander I've ever seen." This statement is

(Multiple Choice)
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MotorCo Inc. makes and sells auto parts to retail repair services, vehicle sales outlets, and consumer parts stores. On one MotorCo box is a label that reads "Contains one gross (144) sparkplugs, assorted sizes." This statement is

(Multiple Choice)
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Eden Valley Ranch and Farm Supply Corporation enter into a contract for a sale of fencing materials. Farm Supply, a merchant who deals in goods of the kind, makes implied and express warranties in connection with the sale. Under the UCC, if these are inconsistent

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To specifically disclaim an implied warranty of merchantability, a seller or lessor must mention the word merchantability.

(True/False)
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Statements of opinion and value usually create express warranties.​

(True/False)
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Express warranties can be found in a seller's samples.

(True/False)
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Fred buys running shoes from Gear Store, telling the clerk that he wants the shoes to compete in High Pace Triathlon. The shoes break apart during the competition, causing Fred to fall and sustain an injury. The seller most likely breached

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