Warranty may be generally defined

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Reference no: EM132129166

1. A warranty may be generally defined as:

a. a guarantee of payment by the buyer

b. none of the other choices

c. a guarantee of payment by the seller

d. a statement by the buyer that it accepts responsibility for any harms it causes

e. a statement by the seller that its goods conform to buyer's expectations

2. Suppose a company in North Carolina contracts to buy toys from a company in China. The firms must use:

a. none of the other choices are required; they may pick any relevant law

b. the CISG because it is an international sale of goods

c. Chinese law because, under the CISG, the law of the seller is used

d. the UCC because it requires U.S. buyers to use the UCC

e. the law of a neutral nation to avoid bias

3. Private and public nuisances are:

a. two of the three kinds of nuisances recognized by the law of torts

b. the two kinds of assaults recognized by the law of torts

c. two of the five kinds of nuisances recognized by the law of torts

d. the two kinds of nuisances recognized by the law of torts

e. two of the ten kinds of nuisances recognized by the law of torts

Reference no: EM132129166

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