Asked by Grant Messenger on May 31, 2024
Verified
An express warranty can be created only by an express warranty provision in a sales or lease contract.
Express Warranty
A promise, written or verbal, made by the seller regarding the quality or function of the product being sold.
Sales or Lease Contract
A legal agreement where a seller agrees to transfer the ownership of goods to a buyer for a price, or a lessor agrees to grant the use of a property to a lessee for a specified period in return for payment.
Provision
A specific condition or requirement outlined in a legal document, contract, or agreement.
- Comprehend the formation and recognition of express warranties within the realm of sales.
Verified Answer
JS
Jahed ShibloJun 01, 2024
Final Answer :
False
Explanation :
An express warranty can be created not only by explicit statements in a contract but also by descriptions of the goods, demonstrations, models, or samples which form part of the basis of the bargain.
Learning Objectives
- Comprehend the formation and recognition of express warranties within the realm of sales.