Asked by william beasley on May 25, 2024
Verified
The UCC permits which of the following warranties to be disclaimed?
A) Express warranties
B) Implied warranties of merchantability
C) Implied warranties of fitness for a particular purpose
D) All of these choices are correct.
E) None of these choices is correct.
Implied Warranties
Warranties not explicitly stated but presumed by law to provide certain assurances regarding the quality or functionality of a product.
Express Warranties
Explicit promises made by a seller to a buyer regarding the quality or nature of a product.
Disclaimed
A statement that denies responsibility, affiliation, or connection to something.
- Understand the importance of explicit and implicit warranties in transactions of sale.
Verified Answer
RM
Reyna MartinezMay 29, 2024
Final Answer :
D
Explanation :
The Uniform Commercial Code (UCC) allows for the disclaimer of express warranties, implied warranties of merchantability, and implied warranties of fitness for a particular purpose, provided certain conditions are met, such as the disclaimer being in writing and conspicuous for implied warranties, and clear and unambiguous language for express warranties.
Learning Objectives
- Understand the importance of explicit and implicit warranties in transactions of sale.