Exam 20: Product Liability
Exam 1: The Nature of Law90 Questions
Exam 2: The Resolution of Private Disputes90 Questions
Exam 3: Business and the Constitution90 Questions
Exam 4: Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking90 Questions
Exam 5: Criminal Law and Procedure90 Questions
Exam 6: Intentional Torts90 Questions
Exam 7: Negligence and Strict Liability90 Questions
Exam 8: Intellectual Property and Unfair Competition90 Questions
Exam 9: Introduction to Contracts90 Questions
Exam 10: The Agreement: Offer90 Questions
Exam 11: The Agreement: Acceptance90 Questions
Exam 12: Consideration90 Questions
Exam 13: Reality of Consent90 Questions
Exam 14: Capacity to Contract90 Questions
Exam 15: Illegality90 Questions
Exam 16: Writing90 Questions
Exam 17: Rights of Third Parties90 Questions
Exam 18: Performance and Remedies90 Questions
Exam 19: Formation and Terms of Sales Contracts90 Questions
Exam 20: Product Liability90 Questions
Exam 21: Performance of Sales Contracts90 Questions
Exam 22: Remedies for Breach of Sales Contracts90 Questions
Exam 23: Personal Property and Bailments90 Questions
Exam 24: Real Property90 Questions
Exam 25: Landlord and Tenant90 Questions
Exam 26: Estates and Trusts90 Questions
Exam 27: Insurance Law90 Questions
Exam 28: Introduction to Credit and Secured Transactions90 Questions
Exam 29: Security Interests in Personal Property90 Questions
Exam 30: Bankruptcy90 Questions
Exam 31: Negotiable Instruments90 Questions
Exam 32: Negotiation and Holder in Due Course90 Questions
Exam 33: Liability of Parties90 Questions
Exam 34: Checks and Electronic Transfers90 Questions
Exam 35: The Agency Relationship90 Questions
Exam 36: Third-Party Relations of the Principal and the Agent95 Questions
Exam 37: Introduction to Forms of Business and Formation of Partnerships90 Questions
Exam 38: Operation of Partnerships and Related Forms90 Questions
Exam 39: Partners Dissociation and Partnerships Dissolution and Winding up90 Questions
Exam 40: Limited Liability Companies, limited Partnerships, and Limited Liability Limited Partnerships90 Questions
Exam 41: History and Nature of Corporations90 Questions
Exam 42: Organization and Financial Structure of Corporations90 Questions
Exam 43: Management of Corporations90 Questions
Exam 45: Securities Regulation90 Questions
Exam 46: Legal and Professional Responsibilities of Auditors, Consultants, and Securities Professionals90 Questions
Exam 47: Administrative Law90 Questions
Exam 48: The Federal Trade Commission Act and Consumer Protection Laws90 Questions
Exam 49: Antitrust: the Sherman Act90 Questions
Exam 50: The Clayton Act, the Robinsonpatman Act, and Antitrust Exemptions and Immunities90 Questions
Exam 51: Employment Law90 Questions
Exam 52: Environmental Regulation90 Questions
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Ahmed,a lawyer,sold his car to Carlos.Has an implied warranty of merchantability been created by this transaction?
(Multiple Choice)
4.7/5
(79)
A(n)________ is created by operation of law rather than the seller's express statements.
(Multiple Choice)
4.8/5
(95)
Sellers of goods sometimes attempt to disclaim (avoid)their liability under warranties.Which type of warranty disclaimers must be written in order to be effective?
(Multiple Choice)
4.9/5
(82)
Bob,an attorney,purchased licensed software from Bill Able Inc.to prepare his clients' invoices online.The shrinkwrap packaging for the program disks and the software manuals contained a limitation of remedies clause,which limited the buyer's remedies to the $50 purchase price of the software.Bob later discovered that his invoices for the past year were too low due to a malfunction in the software,costing him over $10,000 in lost revenue.Bob sues Bill Able Inc.for breach of warranty.What is the likely result?
(Multiple Choice)
4.7/5
(73)
Which of the following theories of recovery is likely to be most effective against a disclaimer of liability?
(Multiple Choice)
4.8/5
(83)
The implied warranty of fitness for a particular purpose is violated when the goods are:
(Multiple Choice)
4.9/5
(64)
Which of the following requires that certain classes of lawsuits be brought within defined limits of time after the right to begin them accrued or the right to bring the lawsuit is lost?
(Multiple Choice)
4.8/5
(68)
In order to recover for breach of an express warranty,a plaintiff must show that:
(Multiple Choice)
4.8/5
(66)
Steve is visibly overweight.Steve goes to a store and says that he would like to buy a hammock suitable for someone like himself to sleep in.He makes it clear that it is up to the salesman to select a suitable hammock.The salesman selects a hammock that is perfectly suitable for a normally sized person but that cannot support someone of Steve's weight.Relying on the salesman's recommendation,Steve buys the hammock.After he is injured when the hammock collapses because it cannot bear his weight,Steve sues the store.Can Steve recover under the implied warranty of merchantability? What about an action under the implied warranty of fitness for a particular purpose? Assume that the store is a merchant with respect to hammocks.
(Essay)
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(77)
According to UCC section 2-315,________ for a particular purpose arises when the seller has reason to know a particular purpose for which the buyer requires the goods.
(Multiple Choice)
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Which of the following is not an example of consequential damages?
(Multiple Choice)
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(70)
________ is the plaintiff's voluntary consent to a known danger.
(Multiple Choice)
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(82)
Which of the following occurs when the plaintiff uses the product in some unusual,unforeseeable way,and this causes the loss for which he sues?
(Multiple Choice)
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(76)
Palmer goes to a truck dealership and asks for a truck capable of handling a 5000-pound load.He makes it clear that it is up to the salesman to select an appropriate truck.Without saying anything about the truck's load-carrying capacity,the salesman selects a certain truck for Palmer.Relying on the salesman's choice,Palmer buys the truck in question.However,the truck can only handle a 2500-pound load.Palmer wants to sue the dealership because he did not get the truck he desired.Which of the following product liability theories gives Palmer his best chance of recovery?
(Multiple Choice)
5.0/5
(87)
Which of the following factors will be most important in determining if an express warranty has been created?
(Multiple Choice)
4.9/5
(88)
A disclaimer of the implied warranty of merchantability can be oral.
(True/False)
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(78)
Which of the following statements characterizes an implied warranty of fitness?
(Multiple Choice)
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(77)
Which of the following is most important for imposing strict liability?
(Multiple Choice)
4.9/5
(97)
Which of the following is an express or implied promise about the nature of the product sold?
(Multiple Choice)
4.9/5
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What is the usual UCC time limitation for claiming breach of express and implied warranty after the seller offers the defective goods to the buyer?
(Multiple Choice)
4.8/5
(76)
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