Warranties, Negligence, and Liability

Question 1

Express Warranty

Answer 1

one that the seller creates with his words or actions

Question 2

Implied Warranty

Answer 2

goods should generally meet certain standards of quality, regardless of what the seller did or did not say.

Question 3

Disclaimer

Answer 3

a statement that a particular warranty does not apply

Question 4

limitation of remedy

Answer 4

parties may limit or exclude the normal remedies permitted under the Code

Question 5

Magnuson-Moss Warranty Act

Answer 5

requires the seller to indicate whether a warranty is full or limited, and to describe clearly what is and is not warranted if a warranty is included

Question 6

Strict Liability

Answer 6

the injured person need not prove that the defendant’s conduct was unreasonable.

The injured person must show only that the defendant manufactured or sold a product that was defective and that the defect caused harm