Warranties: Disclaimers Flashcards
1
Q
Express Warranty Disclaimers
A
General Rule:
* Law allows merchants to modify (narrow as to time or as to what is covered by the warranty) or eliminate a warranty.
- There must be consistency with the contract terms.
2
Q
Implied Warranty of Merchantability Disclaimers
A
- Law allows either to eliminate or modify
- Must be oral or written
- If make a written statement, must be conspicuous (ought to have noticed it)
- If going to disclaim, must use the word “merchantability” – synonyms will not work
3
Q
Implied Warranty of Fitness for a Particular Purpose Disclaimers
A
- Law allows either to eliminate or modify
- Must be in writing (oral will not be good enough)
- Must be conspicuous