Discuss the characteristics of an express warranty

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Reference no: EM133702663 , Length: word count:700

Legal Environment of Business

Assignment: Sources of the Law, "Contracts and the UCC"

Introduction

The textbook, Business Law with UCC Applications, Chapter 13, " "Sales Contracts: Formation Title, and Risk of Loss." examines the UCC as a model act drafted by the American Law Institute. This model act contains uniform rules that govern commercial transactions.

Instructions
Write a 1-2-page summary defining each of the listed warranties below and summarize the applicability of each.

Support your opinion(s) by reviewing and applying each warranty listed below.
* Review UCC 2-313 (Express Warranties),
* UCC 2-314 (Implied warranty of Merchantability),
* UCC 2-315 (Implied Warranty of Fitness for a Particular Purpose)
Check with your professor for any additional instructions.

OUTLINE
Please use this outline to assist in writing the 1-2-page summary.
* Discuss the characteristics of an express warranty, an implied warranty of merchantability, an implied warranty for a particular purpose.
* Considerations for this assignment include whether the seller is a merchant, buyer's reliance on statements made, whether the product performed in its intended manner.

Reference no: EM133702663

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