LEB Chapter 15 Consumer Protection

Product liability laws have increased in recent years to protect injured plaintiffs.

• True 
• False

Competition is the driving force behind the creation and improvement of products and services.

• True
• False

Product liability simply means the ignoring of responsibility to compensate buyers, users, and injuries caused by a defective product.

• True
• False

Express warranties must be made available to consumers prior to the sale of the item.

• True
• False

A repudiation (refusal) or renunciation (rejection) of a right or power typically or legally vested in a person is a disclaimer.

• True
• False

A person injured by a defective product is not likely to recover damages by relying on strict liability.

• True
• False

The federal Magnuson-Moss Warranty Act applies only to written warranties on certain products sold to consumers.

• True 
• False

Merchantability requires that any warranty protection that is customary in the trade be extended to all buyers.

• True
• False

Puffing and warranties are both statements of fact.

• True
• False

A breach of warranty is not a breach of contract.

• True
• False