Language That Attempts to Dismiss an Express Warranty Is ____

question 33

Multiple Choice

Language that attempts to dismiss an express warranty is ____ when the disclaimer is inconsistent with the warranty.

• A) effective
• B) effective in some states, but not others
• C) effective only if the buyer is aware of the inconsistency before the deal goes through
• D) allowed under certain circumstances
• E) none of the other choices are correct

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Definitions:

Profit Margin

A measure of profitability that indicates the percentage of revenue that exceeds the costs of goods sold.

Statement of Intentions

A document that outlines the intentions or objectives of an individual or entity, often related to future plans or actions.

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating its resources to pursue this strategy.

Intermediate Planning

The process of setting goals and outlining strategies for a middle-range time frame, typically covering 1 to 3 years.