Which of the Following Best Describes an Express Warranty

question 23

Multiple Choice

Which of the following best describes an express warranty?

• A) It is a written provision obligating the seller to repair or replace goods for a specified period of time.
• B) It is any promise,oral or written,obligating the seller to repair or replace goods for a specified period of time.
• C) It is any statement or other representation made with respect to goods.
• D) It is any guarantee that the goods will pass without objection in the trade.

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Definitions:

Global Economic Restructuring

The ongoing transformation of the world economy, emphasizing shifts in industry, technology, and labor markets.

Assembly-Line Work

A manufacturing process in which parts are added to a product in a sequential manner using a combination of human labor and machinery to efficiently create a finished product.

Economic Restructuring

The process of transforming the economic organization of a society, often involving shifts in types of employment, modifications in trade patterns, and changes in the level of technological innovation.

Basic Structure

The fundamental arrangements and institutions in a society, including its legal and political framework, that guide social relationships.