Which kind(s)of liability can be imposed only if a party has signed an instrument?

Question

Quizplus · Accepted Answer

Contract liability can only be imposed when a party has signed an instrument such as a contract, while warranty liability may be imposed even without signing an instrument, as it arises from the seller's obligations to provide goods or services that meet certain standards or specifications. Therefore, option B is the best choice as it correctly identifies the type of liability that requires a signed instrument.

Which Kind(s)of Liability Can Be Imposed Only If a Party