Question
Bert sells his valuable painting The Kraken to Lane for $50,000. During negotiations, Bert told Lane that Sotheby's appraised this painting as worth
Bert sells his valuable painting "The Kraken" to Lane for $50,000. During negotiations, Bert told Lane that "Sotheby's appraised this painting as worth $100,000." Is there an express warranty?
Select one:
a. Yes: affirmation of fact about goods b. Yes: promise about goods c. Yes: either factual affirmation or promise d. No
Ken (at Big Al's Auto Emporium) is trying to sell Marie a used motorcycle with a sidecar for her cat Trixie. During negotiations, Ken tells Marie that the motorcycle has only ever been driven by Harry to church on Sundays and is in "like new" condition. In fact, the motorcycle was previously owned by Don, who used it for drag racing and the motorcycle is in poor condition. If the motorcycle had been "like new" it would have been worth $20,000. In fact, the motorcycle is only worth $5,000. Ken tells Marie that he likes her and will give her a sweet deal, and sells her the motorcycle for $10,000. If Marie later brings a breach of warranty action, what measure of damages?
Select one:
a.$5,000 b.$10,000 c.$15,000 d.$20,000
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