Chapter 15 Review

Such expressions as "with all faults" or "as is" will

• exclude all implied warranties

• exclude all express warranties

• both A & B

• none of these

The Consumer Product Safety Commission (CPSC) receives reports about product failure from

• the distributor

• the manufacturer

• the consumer

• all of these

A breach of warranty is not a breach of contract? True of False

Puffing & warranties are both statements of fact? True or False

A repudiation or renunciation of a right or power typically or legally vested in a person is a disclaimer? True or False

Warranties implied by law for merchants include

• warranty of merchantability

• warranty against infringement

• both A & B

• none of these

A product liability suit may be based on

• breach of warranty

• torts of fraud

• both A & B

• none of these

Violations of weights and measures laws are punishable by

• fine

• imprisonment

• both A & B

• none of these

New drugs cannot be marketed in this country without FDA approval? True or False

A warranty is a statement about a product's qualities or performance and therefore is not governed by the UCC? True or False