Which of the Following Is True About Warranty Disclaimers

question 49

Multiple Choice

Which of the following is true about warranty disclaimers?

• A) All disclaimers are ineffective in transactions with an express warranty.
• B) A contract with both an express warranty and an inconsistent disclaimer will be unenforceable due to vagueness.
• C) Express warranties will control over inconsistent disclaimers.
• D) Warranty disclaimers can never apply to the implied warranty of title.

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Definitions:

Deposit

Money placed in a bank account or to secure a purchase until the transaction is completed.

Adjusted Cash Balance

The cash balance reported in a company's financial statements after adjustments have been made for checks written, deposits in transit, and other discrepancies.

Bank Statement

A document or electronic report issued by a bank summarizing transactions, including deposits and withdrawals, over a specific period.

Service Charge

A fee charged for a particular service provided by a company or institution.