Distinguish express versus implied warranties

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Reference no: EM132192063

1. Distinguish express versus implied warranties.

2. Why do we impose time restrictions (statute of limitations) on recovery of damages? Is this bad policy or good? Explain.

3. There are general obligations that the law presumes to exist when parties enter into a valid and binding agreement. Under what circumstances can parties be excused from performance? Should this be permitted or not?

Reference no: EM132192063

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