Hello can you help with this True or False questions, 1. Whether or not a buyer

Question

Hello can you help with this True or False questions,

1. Whether or not a buyer examines goods before entering into a contract, there is an implied warranty with respect to defects that an examination would reveal.

2.Privity of contract is required to hold a manufacturer liable in a product liability action based on negligence.

3. In a defense of comparative negligence, an injured party’s failure to exercise reasonable care against a known defect will be considered in determining liability.

4. Consumers may have more protection under state laws than under federal laws.

5. The Fair Debt Collection Practices Act applies to anyone who attempts to collect a debt.

6. There are no federal agencies that regulate sales.

7. An instrument that does not designate a specific payee is an order instrument.

8. Indorsements are required to negotiate order instruments.

9. An order instrument is payable to whoever properly possesses it.

Explanation / Answer

1. False

If the buyer examines or refuses to examine the goods before entering the contract, there will be no implied warranty for the defects that a reasonableexamination can reveal. If the buyer refuses to examine the goods the seller will not be liable for the defects though seller will onlybe responsible for defects that a normal inspection will not reveal.

2. False-

A product liability action based on negligence does not require the privity of contract between the manufacturer and the injured hence the manufacturer is not liable for such an action or injury caused from such action.

3. True

In comparative negligence the negligence of both the parties are determined and compared and liability of the parties are determined accordingly. The liability of damages is distributed between the injured party and defendant according to the negligence of both.

4. True

State laws form various rules and laws that protect the consumer rights than federal laws. They take care that the consumers get right information, fair prices, quality goods and services and consumer complaint is heard lawfully.

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