Utilize the Knowledge You Have Gained to Respond to the Following

question 86

Essay

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
-Imagine purchasing a backpack with a "lifetime" warranty. What does a "lifetime" warranty imply? Is it deceptive in any way?

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Definitions:

Unconscionable Contract

An agreement so unfair or one-sided that it is considered oppressive or shockingly unjust.

Good Faith

The sincere intention to act without taking an unfair advantage over another party, often related to honest intentions in contractual agreements.

Quasi-contract

A legal concept that the court applies to impose an obligation on one party to prevent unjust enrichment, even though there is no actual contract between the parties.

Implied Contract

A contract formed by actions, behaviors, or circumstances that suggest mutual agreement or consent, even without explicit verbal or written terms.