Ch 25 - Warranties Flashcards
1
Q
Implied warranty of title
A
No liens or judgment
No infringements
2
Q
Implied warranty of merchantability
A
Reasonable expectation of performance
3
Q
Implied warranty of fit for a particular purpose
A
Seller has reason to know why the buyer is purchasing/leasing the goods in question, and the buyer is relying on them to make the selection
4
Q
Implied warranty of trade usage
A
Created by a well accepted course of dealing
5
Q
Third party beneficiaries of warranties
A
Buyer’s household (majority of states follow this)
Reasonable and unforeseeable user
Anyone injured by the good
6
Q
Express warranty
A
Any description of the goods
Not opinion (puffing)
Sample provides an express warranty
