Business Law Text
Quiz 21: Warranties and Product Liability
Implied Warranties Can Arise from a "Usage of Trade."
Implied warranties can arise from a "usage of trade."
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A seller or lessor can disclaim all oral express warranties by including in the contract a written disclaimer.
To specifically disclaim an implied warrant of merchantability,a seller or lessor must mention the word merchantability.
To specifically disclaim an implied warrant of fitness for a particular purpose,a seller or lessor must mention the word fitness.
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