Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. Sugar & Spice, Inc., and Taste Treats stores enter into a contract for a sale of confections. Sugar & Spice, a merchant who deals

image text in transcribed
2. Sugar & Spice, Inc., and Taste Treats stores enter into a contract for a sale of confections. Sugar & Spice, a merchant who deals in goods of the kind sold, includes in its contract that the confections are being sold "as is." The language is in small print, on page 3 of the contract, and is not mentioned during the contract negotiations This language a is sufficient to disclaim the implied warranties of merchantability and fitness for a particular purpose because it is part of the contract, and the buyer has an obligation to read the entire contract. b. is not sufficient to disclaim the implied warranties of merchantability and fitness for a particular purpose because implied warranties for food products cannot be disclaimed. c. is not sufficient to disclaim the implied warranties of merchantability and fitness for a particular purpose because it is not clear and conspicuous, and not brought to the buyer's attention. d. is not sufficient to disclaim the implied warranties of merchantability and fitness for a particular purpose because implied warranties can never be disclaimed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Finance For Your Small Business

Authors: Eric James Burton, Steven M Bragg

1st Edition

9780471323600

More Books

Students also viewed these Accounting questions

Question

What is a sub-budget period?

Answered: 1 week ago

Question

2. Answer the question, Who should do the appraising?pg 87

Answered: 1 week ago

Question

1. Explain the purpose of performance appraisal.pg 87

Answered: 1 week ago