Module 6 Quiz PDF

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Summary

Module 6 Quiz regarding refusal to pay under contract, puffery, and express warranty....

Description

Module 6 Quiz: Warranties, Conditions, and Breach Due Nov 27 at 11:59pm

Points 10

Questions 5

Time Limit None

Attempt History LATEST

Attempt

Time

Score

Attempt 1

8 minutes

6 out of 10

Score for this quiz: 6 out of 10 Submitted Nov 27 at 6:39pm This attempt took 8 minutes.

The following fact pattern applies to questions 1 and 2. Brigid entered into a contract with L. Marcus Marine (“LMM”) to perform repairs and updates to her sailboat for $15,000. The work was to be completed by December 31st, including painting, sealing, new navigation equipment, sails, rigging, and refinished galley. As of December 31st, LMM completed the painting, sealing, and refinished the galley, but had not completed the navigation system or sails and rigging. LMM informed Brigid that they would be unable to install the navigation system or the new sails and rigging by December 31st, because the navigation system is on backorder and the sails and rigging items have been delayed by Customs. LMM was unable to tell Brigid when the outstanding items would be available for installation on her sailboat. Brigid advised LMM that she was not going to pay them the $15,000, given that the work wasn’t completed by the agreedupon date, and she couldn’t use her sailboat until the navigation system, sails, and rigging have been installed.

Question 1

2 / 2 pts

If Brigid refuses to pay LMM for the work, how would a court most likely resolve the dispute? Choose the most appropriate answer.

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Correct!

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Require Brigid to pay LMM for the value of the work performed as of December 31st and suspend remaining performance until the outstanding work is completed

Question 2

2 / 2 pts

Which of the following is not a factor the court would consider in determining whether LMM’s breach was material?

Correct! Whether or not the non-breaching party has paid any money to the breaching party

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The following fact pattern applies to questions 3 - 5. Lorita visits her local electronics store to purchase a photo printer for her photography business. After telling a salesman about her high volume printing needs, he directs her to the C0Z0-2018 photo printer. He says “This is the best photo printer on the market. It can print 10 pages per minute in black/white, and 5 pages per minute in color. The C0Z0-2018 is ideal for your photography business.” Following the salesman’s recommendation, Lorita purchased the printer. Once she began using it, she was satisfied with the quality of her photo prints, however, she found it difficult to meet print deadlines on her larger color print orders due to the length of printing time.

Question 3

2 / 2 pts

Identify which statement would be considered puffery.

Correct!

This is the best photo printer on the market

Question 4 Identify which statement represents an express warranty.

0 / 2 pts

orrect Answer

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It can print 10 pages per minute in black/white, and 5 pages per minute in color

You Answered

The C0Z0-2018 is ideal for your photography business

0 / 2 pts

Question 5

Identify which statement relates to an implied warranty of fitness for a specific purpose.

You Answered It can print 10 pages per minute in black/white, and 5 pages per minute in color

orrect Answer

The C0Z0-2018 is ideal for your photography business

Quiz Score: 6 out of 10...