True/False Questions
1. In a contract for the sale of goods, the offer may include any terms the offeror wishes; the offeree must accept on exactly those terms or reject the deal.
2. Seller can be bound by written warranties but not by oral statements.
3. Under strict liability, an injured consumer could potentially recover damages from the product’s manufacturer and the retailer who sold the goods.
4. A contract for the sale of $300 worth of decorative stone must be in writing to be enforceable.