An Implied Warranty Is Found in the Language of a Sales

question 64

True/False

An implied warranty is found in the language of a sales contract.

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Definitions:

Negligence Liability

Legal responsibility for harm caused by failing to act as a reasonable person would under similar circumstances.

Fine Print

Small text or details in a contract or agreement that are often overlooked but can contain important legal obligations or information.

Exculpatory Clause

A contractual provision that relieves one party from liability for harm caused during the execution of the contract, within the limits of the law.

Strict Liability Clause

A legal principle that holds an individual or entity responsible for their actions or products, regardless of negligence or intent.