Question: IU's Residential Programs and Services (RPS) decided to have a sale of surplus used university furniture and equipment stored in its warehouse. Charles attended the

IU's Residential Programs and Services (RPS) decided to have a sale of surplus used university furniture and equipment stored in its warehouse. Charles attended the sale and bought two chairs and a desk. Large signs on each item stated "THIS MERCHANDISE IS BEING SOLD WITH ALL FAULTS." What is the legal effect of the language on those signs?

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