When Is a Warranty Disclaimer Considered by Courts to Be

question 76

Multiple Choice

When is a warranty disclaimer considered by courts to be conspicuous?

• A)when the seller implies the disclaimer
• B)when a reasonable person is able to notice it
• C)when it is present in the contract
• D)when it is expressed and approved by both seller and buyer

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Definitions:

Concept

An abstract idea or a general notion that forms the foundation of a project, strategy, or theory.

Semiannual Payments

Payments made twice a year, often in the context of loan repayments or interest payments.

Compounded Semiannually

A method of calculating interest where the interest earned over half a year is added to the principal, and the new total becomes the basis for the next round of interest calculation.

Cost

The monetary value spent by a company to produce or acquire goods or services, including manufacturing and operating expenses.