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Warranties are best described by which of the following statements? Multiple Choice Warranties are promises by one party to react in a certain manner should

Warranties are best described by which of the following statements?

Multiple Choice

Warranties are promises by one party to react in a certain manner should a breach of contract occur.

Warranties are pledges by one party that the other party can rely on the first party to cure any defect in the goods.

Warranties are assertions of opinion that the goods will comply with the terms of the contract.

Warranties are assurances by one party that the other party can rely on its representations of fact.

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