Question: Question 5 (2 points) Through mutual agreement the parties may eliminate or modify the warranty obligation. This is known as ________. Question 5 options: avoidance

Question 5 (2 points)

Through mutual agreement the parties may eliminate or modify the warranty obligation. This is known as ________.

Question 5 options:

avoidance

caveat emptor

disclaimer

enforceability

Question 6 (2 points)

Disclaimers are always enforceable.

Question 6 options:

True
False

Question 7 (2 points)

The Magnuson-Moss Warranty Act, enacted in 1975, was ____________________.

Question 7 options:

A state statute intended to provide consumers with greater protection from merchants than was thought available under the code warranties.

A state statute intended to provide sellers with greater protection from merchants than was thought available under the code warranties.

A federal statute intended to provide consumers with greater protection from merchants than was thought available under the code warranties.

none of the above

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