Sam expressed an interest in buying a painting from Jasper, who claimed that the painting was a family heirloom. Jasper's asking price was $15,000, but Sam was only willing to offer $13,000. Jasper told him that it was a very old painting worth a fortune and that others would gladly pay $20,000 for it. He also told him that he was only selling it under its market value because he needed the money immediately. He then implied that Sam could sell it for a higher rate if he wanted. In legal terms, Jasper's words to Sam would be considered as ________.
A) an express warranty
B) an implied warranty of merchantability
C) a statement of opinion
D) an oral contract
Correct Answer:
Verified
Q2: A statement of opinion may be which
Q3: Only written express warranties are valid.
Q4: A warranty that is created when a
Q5: Damages that are generally equal to the
Q6: Which of the following is true of
Q7: Express warranties must contain the word "express"
Q8: Sellers and lessors are not required to
Q9: A retailer is not liable for the
Q10: An affirmation of the value of goods
Q11: Warranties are the buyer's or lessee's assurance
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