Warranty Flashcards
1
Q
Expressed warranty 2-313
A
Anything that a salesman says about a good, that is a verifiable fact, or is in promotional materials will become an express warranty.
2
Q
Implied warranty of merchantability 2-314
A
Provides that the goods are of good quality and fit for the purpose they are to be used. This applies ONLY to merchants. Definition of Merchant goes here. . . . “it would pass for the objection within the trade” or “fit for the purpose they are to used.”
3
Q
Implied warranty of fitness 2-315
A
The buyer relies on the seller’s skill or judgment for executing the purpose.
4
Q
Buyer Beware: CommBuyer Beware on Law Warranty
A
Caveat Emptor
