Warranties Flashcards
Prescriptive period (Implied Warranty against Hidden Defects) :
6 months from delivery
Implied Warranty against Hidden Defects If thing is a lost:
If seller NOT aware of defect, buyer may demand:
Price and expenses BUT NOT __________.
damages
Implied Warranty against Hidden Defects If thing is a lost:
Due to fortuitous event or fault of buyer the buyer may demand:
(a) ________ minus value of thing when it was lost.
(b) ___________, if seller acted in bad faith
Price paid, Damages
Implied Warranty against Hidden Defects If thing is a lost:
If seller aware of defect, buyer may demand:
(a) Return of price
(b) Refund of expenses
(c) Damages
Implied Warranty against Hidden Defects If thing is not lost:
(a) Withdraw from contract + damages
(b) Demand a proportionate reduction of
the price + damages
Implied Warranty against Encumbrances
(a)______________: Within 1 year from
execution of deed of sale OR
(b) _____________: Within 1 year from
execution of deed of sale or discovery of
the burden or servitude
Rescission, Damages
If there is waiver of warranty:
(a) Seller acted in bad faith: Waiver is_______, seller liable for eviction
(b) Buyer made waiver without knowledge of risks of eviction:
Seller liable only for the value of the thing sold at time of _________.
(c) Buyer made waiver with knowledge of risks:
Seller ____________; buyer assumed the consequences
void, eviction, not liable
If property sold for nonpayment of taxes due and not made known to the buyer before the sale _________ is liable.
Seller
When adverse possession commenced before sale, but prescription period completed after transfer: seller is ________.
not liable
Implied Warranty against Eviction
(Partial Eviction).:
____________.
OR
Rescind within ___months from delivery:
(a) If he would not have bought the thing sold without the part lost;
(b) BUT he must return the thing without other encumbrances than those which it had when he acquired it
Enforce liability, 6
Implied Warranty against Eviction:
(Total Eviction).
Demand from seller:
(VICED)
(a) __________ sold at time of eviction
(b) _____________, if he has been ordered to deliver them to the party who won the eviction suit.
(c) _______ of eviction suit and in a proper case, suit against seller for warranty.
(d) ___________of the contract, if buyer has paid them.
(e) ____________and interests, and ornamental expenses, IF sale was made in bad faith
Value of thing, Income or fruits, Costs , Expenses, Damages
Rescission not available when buyer:
(a) _______________________ when he accepted the goods without protest
(b) Fails to __________ the seller about election to rescind within a reasonable period of time
(c) Fails to______or________ to return the goods to the seller in substantially a good condition as they were when delivered, unless deterioration was due to breach of warranty.
Knew of breach of warranty, notify, return or offer
BUYER’S OPTIONS IN CASE OF BREACH OF WARRANTY
(Express Warranty)
Remedies:
(a) Accept goods + demand diminution/ extinction of price
(b) Accept goods + damages
(c) Refuse to accept goods + damages
(d) Rescind (Refuse to accept or return or offer to return) + recover price paid
_________ liable if animal dies within 3 days after its purchase due to a disease that existed at the time of sale.
Seller