Which warranty category can be either written or oral and arises from negotiations?

Which warranty category can be either written or oral and arises from negotiations?

• A. Implied
• B. Express
• C. Verbal
• D. Written

Answer: (B)

The idea being tested is how warranties are created. An express warranty is formed by the seller’s statements or promises about the goods, and it can be created whether those assurances are written or spoken. The key is that the representations during negotiations become part of the bargain, giving the buyer a basis to rely on them. That’s why the best choice is the category that can be either written or oral and arises from negotiations: express warranties. They reflect any explicit claims about quality, performance, or characteristics that the seller makes during the sale. Implied warranties, in contrast, arise by law from the nature of the transaction or the goods themselves (such as merchantability or fitness for a particular purpose) and do not depend on negotiations or specific statements. The term verbal isn’t a distinct warranty category; while express warranties can be verbal, the category itself is express, not verbal, and can be either written or oral. Written warranties are just one form express warranties can take, not a separate category.

The idea being tested is how warranties are created. An express warranty is formed by the seller’s statements or promises about the goods, and it can be created whether those assurances are written or spoken. The key is that the representations during negotiations become part of the bargain, giving the buyer a basis to rely on them.

That’s why the best choice is the category that can be either written or oral and arises from negotiations: express warranties. They reflect any explicit claims about quality, performance, or characteristics that the seller makes during the sale.

Implied warranties, in contrast, arise by law from the nature of the transaction or the goods themselves (such as merchantability or fitness for a particular purpose) and do not depend on negotiations or specific statements. The term verbal isn’t a distinct warranty category; while express warranties can be verbal, the category itself is express, not verbal, and can be either written or oral. Written warranties are just one form express warranties can take, not a separate category.