StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Warranties - Assignment Example

Cite this document
Summary
One of such ways is “express exclusion,” in which a seller refrains from providing a warranty (Mann & Roberts, 2013, p. 442). Such exclusion renders a warranty ineffective, ab initio. Establishing a buyer’s…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.3% of users find it useful
Warranties
Read Text Preview

Extract of sample "Warranties"

Warranties Disclaimer of warranties Many ways exist through which a warranty can be disclaimed. One of such ways is “express exclusion,” in which a seller refrains from providing a warranty (Mann & Roberts, 2013, p. 442). Such exclusion renders a warranty ineffective, ab initio. Establishing a buyer’s inspection or failure to inspect commodities, before, is another way of disclaiming warranty. Reliance on legislations, limitations, or changes of warranties and privity of contracts are other applicable ways of disclaiming warranties.

Express warranties, however, cannot be disclaimed and local laws may prohibit disclaimer of implied warranties (Mann & Roberts, 2013).UCC definitionsGoods are movable commodities that can be identified at the time of contract, excluding money, securities, and things in action. A merchant is a party who deals in goods of a particular type and professes knowledge of the goods. UCC requirements are different for merchants and non-merchants by stipulating higher-level responsibility for merchants than for non-merchants.

Disclaimer of warranties to condition and usage are for example easier for a non-merchant than for a merchant because of a merchant’s expected knowledge of the goods (Mann & Roberts, 2013). Purchase of a hot tubPurchase of a hot tub and payment for permit acquisition, upgrade of system, and site preparation is partly applicable to UCC rules. Contract for purchase of the tub is applicable while the contracts for the other deliverables are not. Scope of UCC contracts that excludes services and treatment of the deliverables as different contracts would help in the analysis (Mann & Roberts, 2013).

Distinguishing between merchants and non-merchants on e-bayA personal initiative that involves investigating a seller’s background information is the way to distinguishing between merchants and non-merchants on e-bay. This is because the forum operates like an open market where both merchants and non-merchants exist without a formal distinction. ReferenceMann, R. & Roberts, B. (2013). Business law and the regulation of business. Mason, OH: Cengage Learning.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Warranties Assignment Example | Topics and Well Written Essays - 250 words”, n.d.)
Warranties Assignment Example | Topics and Well Written Essays - 250 words. Retrieved from https://studentshare.org/law/1658494-warranties
(Warranties Assignment Example | Topics and Well Written Essays - 250 Words)
Warranties Assignment Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/law/1658494-warranties.
“Warranties Assignment Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/law/1658494-warranties.
  • Cited: 0 times

CHECK THESE SAMPLES OF Warranties

Warranties and Product Liability

Except for sale of used goods and auction sales, buyers, especially purchasers in good faith are now protected by law through Warranties and product liabilities.... In USA alone, the Uniform Commercial Code, article 2 on law on sales and the Magnuson-Moss Warranty Act carry provisions on Warranties and liabilities. … A warranty is defined as an expressed or implied statement that some situation or thing is as it appears to be or is represented to be....
10 Pages (2500 words) Essay

Warranties as Contracts

The objects of analysis for the purpose of this assignment are Warranties as minor terms of a contract which are not central to the existence of the contract.... ontracts can be divided into Warranties and conditions.... In this assignment we are looking at Warranties as contracts:Let us first define Warranties as contracts as the following:“Warranties1 are minor terms of a contract which are not central to the existence of the contract....
2 Pages (500 words) Coursework

Quality Assurance

There are various types of Warranties, which include assurance Warranties, incentive Warranties, reliability improvement Quality Assurance Quality Assurance FAR Part 46 Quality Assurance outlines policies and procedures, which guarantee that suppliesand services obtained under Government Contract match to the contract's quality and quantity specifications.... There are various types of Warranties, which include assurance Warranties, incentive Warranties, reliability improvement Warranties, systematic warranty, defect-free warranty, insurance warranty, and failure-free warranty....
2 Pages (500 words) Research Paper

All Contractual Terms Are Either Categorized as Conditions or Warranties

As such, all contractual terms are either categorized as conditions or Warranties Terms of contracts are promises or statements made by one person to another in order to encourage him to enter into a contract.... It legally binds the parties to the contract.... The Term Legally binding means that the court of law may intervene in the event one of the parties breaches the contract....
9 Pages (2250 words) Essay

Warranties as Quality Signal

This statement is an implied contract that makes the manufacturer responsible for repair or replacement of a product for a particular period after… The Warranties mean that a product is defect-free in terms of material and workmanship hence failure to perform as customary will lead to reimbursement by the manufacturer through repair or replacement.... There are different types of Warranties which include merchantability This academic paper will be focused on the logic behind Warranties as signal of quality as well as what limits the attractiveness of Warranties as signals for high-quality firms....
6 Pages (1500 words) Essay

Express Warranty Contracts

The United State has various Federal and State laws that govern Warranties, in particular,… Section (2), clause (106) of Business and Trade Code defines a contract for sale as a contract to sell goods later in future or current sale of goods.... The United State has various Federal and State laws that govern Warranties, in particular, furniture, and the remedies associated with the Warranties (125).... Clause (213) of section (2) states that express Warranties are usually in the form of a sample mode, affirmation, description or a promise....
1 Pages (250 words) Essay

Damages for Breach of Contract

In some contracts, parties should clearly identify what are conditions and what are Warranties.... (2014) Conditions, Warranties and innominate terms.... k/Conditions,-Warranties-and-innominate-terms.... In case where there is an infringement of contract but with no financial loss is witnessed, and if the injury is nominal and in such cases, a court can award nominal damages....
1 Pages (250 words) Essay

Warranties and Product Liability in the Organization

This paper “Warranties and Product Liability in the Organization” will examine these issues in detail, providing scenarios and remedies to probable issues that affect business entities.... Companies must ensure complete adherence to the law to deter undue liability and legal action....
8 Pages (2000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us