WorksheetsConditions and Warranties
Total questions: 12
Worksheet time: 12mins
Teri purchased a new car and expects for the entertainment system to work smoothly. Which warranty is Teri expecting to be fulfilled?
express
full
limited
implied
Which is an example of an implied terms?
A loan contract.
express terms.
terms of fitness for a particular purpose.
implied condition of title.
Goods must be of merchantable quality
Bo unknowingly buys a stolen MP3 player from Skylar. The term that has been broken is the
implied condition in sale of description
goods must be of merchantable quality
implied condition as to title
goods must be reasonably fit for purpose
Warranties are used to denote a LESSER IMPORTANCE term
True
False
A term of a contract which is of such vital importance that it goes to the root of the transaction; essentially it is a major term of the contract.
Conditions
Warranties
Breach of a _______________ gives rise to the claimant's right to terminate the contract (treat the contract as discharged) and claim damages for any loss.
Condition
Warranty
These are conditions that are not verbally discussed but are expected to be a part of the contract.
Expressed Condition
Implied Condition
These are conditions that are clearly defined and agreed to.
Expressed Condition
Implied Condition
A warranty is a guarantee as to the quality of the goods or services sold that are included in the contract.
True
False
