Tyler Has Always Had a "180-Day Full Warranty" from Business

question 15

Multiple Choice

Tyler has always had a "180-day full warranty" from Business Sales Company when purchasing office equipment over the past five years.On this occasion,Tyler purchased a big screen LED TV from Business Sales that broke thirty days after Tyler purchased it.Business Sales asserts that it did not provide a 180-day full warranty on the TV and has no legal liability.Which of the following is true of this situation?

• A)Tyler cannot assert a warranty since Business Sales has not provided a full warranty on the product.
• B)Tyler may assert a warranty based upon past dealings with Business Sales.
• C)Business Sales can escape liability by asserting that the defect was caused by the manufacturer.
• D)Tyler can bring a suit against Business Sales and claim punitive damages.

---

Definitions:

Endogenously

Originating or produced from within a system, indicating a factor that is internal to an economic model or process.

Natural Rate

The unemployment rate at which the economy operates at full employment, where inflation is stable without accelerating.

Unemployment

A situation where individuals who are capable of working and are actively seeking a job are unable to find employment.

Labor Force

The sum of individuals in a country or particular region who have jobs or are actively looking for work.