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:

Corporate Security

Strategies and measures adopted by a corporation to protect its assets, intellectual property, and employees.

Fixed Charges

Fixed charges are ongoing, regular expenses that a company or individual must pay, such as loans, rent, and utility bills, which do not vary with business volume or activity.

Floating Charges

A security interest over a pool of changing assets of a company which "floats" until it is converted into a fixed charge, generally upon the occurrence of a default event.

Quebec Charter

A legal framework specific to the province of Quebec that outlines individual rights and freedoms.