Chapter 10 - CHAPTER 10PRODUCT ADVERTISING AND LIABILITY TRUE\/FALSE 1 Caveat emptor is a Latin term meaning\"let the buyer beware ANS T PTS 1 TOP caveat

Chapter 10 - CHAPTER 10PRODUCT ADVERTISING AND LIABILITY...

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CHAPTER 10—PRODUCT ADVERTISING AND LIABILITYTRUE/FALSE1.Caveat emptoris a Latin term meaning "let the buyer beware."PTS:1NAT:AACSB: AnalyticTOP:caveat emptor2.Today, courts follow a policy of caveat emptorin handling product liability cases.PTS:1NAT:AACSB: AnalyticTOP:caveat emptor3.Privity of contract is a direct contractual relationship between the parties.PTS:1NAT:AACSB: AnalyticTOP:privity4.Today, courts require privity of contract for recovery in product liability cases.PTS:1NAT:AACSB: AnalyticTOP:privity5.To establish an express warranty under the UCC, the buyer must produce evidence that the seller used the term "warrant" or "guarantee."PTS:1NAT:AACSB: AnalyticTOP:express warranty6.The implied warranty of fitness for a particular purpose (unless disclaimed) is given in every sale of goods by a merchant.PTS:1NAT:AACSB: AnalyticTOP:implied warranty7.The implied warranty of merchantability (unless disclaimed) is given in every sale of goods by a merchant.PTS:1NAT:AACSB: AnalyticTOP:merchantability8.The language "as is" disclaims both the warranty of merchantability and the warranty of fitness for a particular purpose.PTS:1NAT:AACSB: AnalyticTOP:disclaimers9."These dresses are 100% cotton" is an example of an express warranty.PTS:1NAT:AACSB: AnalyticTOP:express warranty
10."This car has the finest workmanship money can buy" is an example of an express warranty.PTS:1NAT:AACSB: AnalyticTOP:express warranty11.A product can be defective for purposes of liability for injury if proper warnings about its use are not given.PTS:1NAT:AACSB: AnalyticTOP:warnings12.Improper packaging that results in an injury can be a basis for product liability.PTS:1NAT:AACSB: AnalyticTOP:packaging13.Privity is required for recovery on the basis of warranty.PTS:1NAT:AACSB: AnalyticTOP:warranty14.When a customer tells a pet store employee that she wants two female gerbils, but receives one male and one female gerbil who later have baby gerbils, the pet store has breached the implied warranty of fitness for a particular purpose.PTS:1NAT:AACSB: AnalyticTOP:fitness for a particular purpose15.There can be no recovery on the basis of a breach of a UCC warranty by anyone other than the actual buyer.PTS:1NAT:AACSB: AnalyticTOP:privity16.A lack of adequate warnings can be a defective product.PTS:1NAT:AACSB: AnalyticTOP:product liability17.Misuse of a product is a defense in a product liability suit.PTS:1NAT:AACSB: AnalyticTOP:misuse18.Strict tort liability under Section 402A is the same as negligence.PTS:1NAT:AACSB: AnalyticTOP:402A19.A sale of a toaster at a garage sale is covered by the warranty of merchantability.

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