How May a Buyer Waive Implied and Express Warranties

question 71

Multiple Choice

How may a buyer waive implied and express warranties?

• A) A buyer may waive both implied and express warranties through (1) failing to examine goods for which an express warranty was created by a sample or model or (2) failing to comply with the seller's request to inspect the goods.
• B) A buyer may waive an implied warranty by failing to comply with the seller's request to inspect the goods, but an express warranty may only be waived by failing to examine goods for which an express warranty was created by a sample or model.
• C) A buyer may waive an express warranty by failing to comply with the seller's request to inspect the goods, but an implied warranty may only be waived by failing to examine goods for which an express warranty was created by a sample or model.
• D) A buyer may waive both implied and express warranties only through signing a statement that such warranties are waived.
• E) A buyer may waive implied warranties only through signing a statement that such warranties are waived, but a buyer may waive express warranties through (1) failing to examine goods for which an express warranty was created by a sample or model or (2) failing to comply with the seller's request to inspect the goods.

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Definitions:

Standard Errors

The standard deviation of the sampling distribution of a statistic, often used to measure the precision of sample estimates.

Face-to-face

Direct interaction between individuals in the same physical space, typically involving conversation or visual contact.

Alternative Hypothesis

In hypothesis testing, it is the hypothesis that is considered if there is sufficient evidence to reject the null hypothesis; it proposes a specific relationship between variables.

Graduate Students

Individuals who have completed an undergraduate degree and are pursuing further studies at a masters or doctoral level.