BUS204 CHAPTERS 19 & 20

WARRANTIES AND CONSUMER PROTECTION NAME: _______________________________ SECTION: BUO1__

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Clues

• IMPLIED WARRANTY WHEN SELLER CHOOSES PRODUCT
• PLACES LIMITS ON EXCLUSION OF IMPLIED WARRANTIES TO CONSUMERS
• RECIPIENT WHO RECEIVES THROUGH THE MAIL MAY TREAT IT AS A GIFT
• INCLUDES FRAUDULENT MISREPRESENTATION AND ODOMETER TAMPERING
• REQUIRES DISCLOSURE OF APR AND FINANCE CHARGE
• SELLER WARRANTS GOOD ARE FIT FOR THE PURPOSE FOR WHICH THEY ARE TO BE USED
• TANGIBLE PERSONAL PROPERTY USED FOR PERSONAL, FAMILY OR HOUSEHOLD PURPOSES
• ORAL STATEMENT OR PROMISE ABOUT THE QUALITY OF A PRODUCT
• ONE OF THEM ARISES FROM COURSE OF DEALING OR USAGE OF TRADE
• PRINCIPAL CONSIDERATION IS SAFETY OF THE PRODUCT
• ACTUAL COST OF A LOAN IN DOLLARS AND CENTS
• MANUFACTURER MUST TELL CONSUMER HARM MAY RESULT FROM A PRODUCT
• ONE WHO BUYS OR LEASES GOODS OR SERVICES FOR PERSONAL, FAMILY OR HOUSEHOLD
• RULE THAT WARRANTY EXTENDS ONLY TO ACTUAL BUYER OF GOODS
• PROTECTS CONSUMERS FROM UNREASONABLE RISK OR INJURY FROM HAZARDOUS PRODUCTS
• BUSINESS ACTIVITY THAT TOUCHES MORE THAN ONE STATE
• BUYER INJURED BY PRODUCT'S DEFECTIVE CONDITION MAY RECOVER DAMAGES
• INSINCERE OFFER TO SELL THAT ADVERTISER DOESN'T INTEND TO SELL
• CERTAIN DEALERS MUST PLACE BUYER'S GUIDE IN WINDOW
• TRUE RATE OF INTEREST OF A LOAN

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