Formation and Enforcement of Implied Warranties Flashcards
Generally, under the common law, an implied warranty of merchantability is implied from the circumstances surrounding the formation of a sale-of-goods contract.
False
Generally, under the common law, an implied warranty of merchantability is implied strictly from the contracting parties’ conduct.
False
Generally, under the common law, an implied warranty of merchantability in a sale-of-goods contract is implied in law.
True
Generally, under the common law, an implied warranty of merchantability is implied from facts.
False
Generally, under the common law, an implied warranty of merchantability —in a sale-of-goods contract— is implied as a matter of law.
True
Generally, under the common law, certain parties may agree to exclude a warranty of merchantability in sale-of-goods contracts.
True
Generally, under the common law, certain parties may agree to modify a warranty of merchantability in sale-of-goods contracts.
True
Generally, under the UCC § 2-314(1), an implied warranty of merchantability may be implied in a written, sale-of-goods contract.
True
Generally, under the UCC § 2-314(1), an implied warranty of merchantability may be implied in an oral, sale-of-goods contract.
True
Generally, under the UCC § 2-314(1), an implied warranty of merchantability may be implied in an express, sale-of-goods contract.
True
Generally, under the UCC § 2-314(1), an implied warranty of merchantability is implied in law without qualification.
False, seller must be a merchant with respect to goods of that kind.
Generally, under the UCC § 2-314(1), an implied warranty of merchantability may be implied in law only if a certain condition is present.
True, seller must be a merchant with respect to goods of that kind.
Generally, under the UCC § 2-316(2), certain parties may agree to exclude a warranty of merchantability in sale-of-goods contracts.
True
Implied Warranty of Merchantability - must mention merchantability (and be conspicuous if in a writing)
Implied warranty of fitness - must be in writing and conspicuous
Generally, under the UCC § 2-316(2), certain parties may agree to modify a warranty of merchantability in sale-of-goods contracts.
True
Generally, under the UCC § 2-314(2), goods are merchantable if and only if the goods are “adequately contained and labeled.”
False, there are additional requirements for goods to be merchantable.