ExpertHard1 markMultiple Choice
CPA · Question 27 · Area II: Business Law
Under the Uniform Commercial Code (UCC) Sales Article, which of the following warranties is created by an express affirmation of fact made by the seller to the buyer?
Under the Uniform Commercial Code (UCC) Sales Article, which of the following warranties is created by an express affirmation of fact made by the seller to the buyer?
Answer options:
A.
Express Warranty
B.
Implied Warranty of Merchantability
C.
Implied Warranty of Fitness for a Particular Purpose
D.
Warranty of Title
How to approach this question
Identify the source of the warranty. Words/Promises = Express. Law/Status = Implied.
Full Answer
A.Express Warranty✓ Correct
A
An express warranty is created by an affirmation of fact, promise, description, sample, or model that becomes part of the basis of the bargain. Implied warranties arise by operation of law, not by specific statements of the seller.
Common mistakes
Confusing express statements with implied legal protections.
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