If a Buyer Fails to Comply with the Statute of Limitations,what

question 17

Multiple Choice

If a buyer fails to comply with the statute of limitations,what is the effect?

• A)It results in the plaintiff only having the right to sue for damages,not injunctive relief.
• B)It operates as a waiver of warranty rights only if the defendant can establish that the plaintiff had actual knowledge of the statute of limitations.
• C)There is no effect so long as the plaintiff can establish that he or she was not aware of the statute of limitations.
• D)It operates as a waiver of warranty rights under the contract.
• E)It results in the plaintiff only having the right to sue for injunctive relief,not damages.

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Definitions:

Unconscionability

A doctrine in contract law that allows courts to refuse the enforcement of contracts that are grossly unfair or oppressive, due to a significant imbalance in power or information.

Unequal Bargaining Power

A situation where one party in a negotiation has significantly more leverage, influence, or power over the other.

Building Material

Building material refers to any substance used in the construction of buildings, such as wood, concrete, metal, or glass.

Restraint On Trade

A practice that limits competition or obstructs free trade among businesses.