Bob,an Attorney,purchased Licensed Software from Bill Able Inc

question 44

Multiple Choice

Bob,an attorney,purchased licensed software from Bill Able Inc.to prepare his clients' invoices online.The shrinkwrap packaging for the program disks and the software manuals contained a limitation of remedies clause,which limited the buyer's remedies to the $50 purchase price of the software.Bob later discovered that his invoices for the past year were too low due to a malfunction in the software,costing him over $10,000 in lost revenue.Bob sues Bill Able Inc.for breach of warranty.What is the likely result?

• A)Bob wins because he has equal bargaining power with Bill Able,Inc.
• B)Bob wins because a shrinkwrap's limitation of remedies clause is generally unenforceable.
• C)Bob wins because the court will likely view the limitation of remedies clause as unconscionable and unenforceable.
• D)Bob loses because the disclaimer is effective.

---

Definitions:

Degrees of Freedom

The number of independent values or quantities which can vary in the analysis without violating any constraints.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution, often representing the number of values that are free to vary.

Test Statistic

A calculated value used in statistical testing to determine whether to reject the null hypothesis.

P-Value

The probability of observing test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is correct.