Which of the Following Is True in Case of Express

question 26

Multiple Choice

Which of the following is true in case of express warranties?

• A)An express warranty is one created by law,acting from an impulse of common sense.
• B)An affirmation of the value of the goods or a statement purporting to be merely the seller's opinion does not create a warranty.
• C)A warranty imposed by law that comes along with a product automatically.
• D)Claims of breach of express warranty are not claims of misrepresentation.
• E)An express warranty is one that circumstances alone,not specific language,compel reading into the sale.

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Definitions:

Statement Of Partners' Equity

A financial document that shows changes in the equity interest of partners in a partnership over a period of time.

Partnership

A statutory business form that includes shared management responsibilities and profit distribution among several individuals.

Proprietorship

A business model where a single individual owns the company and is responsible for its assets and liabilities, also known as a sole proprietorship.

Single Individual

Refers to one person acting in a capacity, either personally or legally, without partnership or company.