A Seller Who Makes a Statement That Relates to the Value

question 18

True/False

A seller who makes a statement that relates to the value or worth of the goods creates an express warranty.

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Definitions:

Global Protection

Refers to international measures and strategies implemented to safeguard the environment, human rights, and economic interests on a worldwide scale.

Intellectual Property

Rights based on creations of the mind in areas such as industry, science, literature, and arts.

Binding Contract

A legally enforceable agreement between two or more parties that is obligatory and has specific terms that must be adhered to.

Elements

Fundamental components or basic building blocks that constitute a whole, whether in nature, science, or a structured system.