Which of the Following Is True About Warranty Disclaimers

question 68

Multiple Choice

Which of the following is true about warranty disclaimers?

• A)All disclaimers are ineffective in transactions with an express warranty.
• B)A contract with both an express warranty and an inconsistent disclaimer will be unenforceable due to vagueness.
• C)Express warranties will control over inconsistent disclaimers.
• D)Warranty disclaimers are generally considered unconscionable.
• E)Warranty disclaimers can never apply to the implied warranty of title.

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Definitions:

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost of those materials as budgeted.

Variance Reports

Reports that compare actual financial performance with budgeted or planned performance, highlighting deviations and areas requiring attention.

Significant Variances

Large or important differences between planned and actual figures in a budget or financial statement, often requiring further investigation.

Customer Perspective

An aspect of business strategy that focuses on understanding and meeting the current and future needs of customers.