Tom Purchases a New Set of Tires for His Vehicle

question 65

Multiple Choice

Tom purchases a new set of tires for his vehicle. He informs Richard, the vendor who specializes in such goods, that he intends to use it in snowy conditions. The tires do not provide sufficient grip in snow, and his vehicle meets with an accident. Which of the following statements is true of this scenario?

• A) Richard cannot be held liable as Tom voluntarily assumed the risk of driving in snowy conditions.
• B) Richard cannot be held liable if an express warranty was not issued with the product.
• C) Richard is liable on the basis of negligent design.
• D) Richard is liable as he breached an implied warranty of fitness for a particular purpose.

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Definitions:

Middle Three Quintiles

The middle three quintiles refer to the middle segments of a population when it is divided into five equal parts based on income or wealth, often used to represent the middle class.

Income Received

The total earnings obtained by individuals or entities, typically through employment, investments, or other sources, during a specified period.

Lower Two Quintiles

Refers to the bottom 40% of a population when it is divided into five equal groups according to income levels.

Income Earned

The total amount of money received by an individual or a business in exchange for labor or the provision of services during a certain period.