Session 14 - Privity Not Required • Product Liability...

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Session 14 Chapters 18 and 19 Warranties and Product Liability Consumer Protection Chapter 18 Outcomes 1. Describe the three ways in which an express warranty may be created. 2. State the requirements of the Magnuson-Moss Warranty Act. 3. Compare the meaning of a "limited" warranty with that of a "full" warranty. 4. Recognize the ways in which warranties may be excluded. 5. Differentiate between the implied warranty of fitness for a particular purpose and the implied warranty of merchantability. 6. Explain the warranty of title. 7. Describe the duty to notify sellers of a defective product. 8. Determine the persons to whom warranties are made under the laws of your state. 9. State why it is often difficult for a consumer to win a product liability case on the theory of negligence. 10. Explain what an injured party must prove to recover from the manufacturer of a dangerous and defective product. Major Concepts Warranty Protection Exclusion of Warranties
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Unformatted text preview: Privity Not Required • Product Liability Chapter 19 Outcomes 11. Discuss the Federal Trade Commission (FTC) Act and explain how the act is enforced. 12. Describe four federal laws designed to prevent unfair or deceptive acts. 13. Identify several FTC rules designed to protect the consumer. 14. State the purpose of the Consumer Product Safety Act. 15. Explain how consumers can benefit from the Consumer Leasing Act. 16. Identify and state the purpose of six consumer credit laws. Major Concepts • Federal and State Consumer Protection Laws • Unfair or Deceptive Acts or Practices • The FTC Trade Regulation Rules • Consumer Product Safety Act • Consumer Leasing Act • Consumer Credit Laws Assignments 1. Read the chapters. 2. Review PowerPoint slides for Chapter 18 and Chapter 19 . 3. Review the Key Terms. 4. Complete any postings on the discussion board. 5. Complete quizzes for Chapter 18 and Chapter 19 by deadline....
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