An "Express" Warranty

question 52

Multiple Choice

An "express" warranty

• A)must be in writing.
• B)will include only promises made by the manufacturer.
• C)will include statements of fact and promises made by both the manufacturer and the retailer.
• D)will include only oral promises made at the time of the sale by the retailer.

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Definitions:

Fraudulent Misrepresentation

A false statement made knowingly, without believing in its truth, or recklessly, with the intention to deceive and induce another party to enter into a contract.

Liable

Liable means being legally responsible for something, typically involving financial compensation or another form of restitution.

Reliance

The act of relying or depending on something, often related to a belief or action based on certain expectations or promises.

Damages

Damages are a monetary sum awarded to a party in a lawsuit as compensation for injury or loss suffered due to the action or inaction of another.