Asked by Branevi Pakeerathan on May 07, 2024
Verified
Which of the following is an accurate statement regarding state choice(s) in recognizing the rights of third-party beneficiaries of warranties?
A) According to the Uniform Commercial Code,states must recognize that a seller's warranties extend to the buyer's household members and guests only.
B) According to the Uniform Commercial Code,states must recognize that a seller's warranties extend to any reasonable and foreseeable user.
C) According to the Uniform Commercial Code,states must recognize that a seller's warranties extend to anyone injured by the good.
D) States are given the following three choices regarding third-party beneficiaries of warranties: a) a seller's warranties extend to the buyer's household members and guests; b) a seller's warranties extend to any reasonable and foreseeable user; or c) a seller's warranties extend to anyone injured by the good.
E) States are given the following two choices regarding third-party beneficiaries of warranties: a) a seller's warranties extend to the buyer's household members and guests; or b) a seller's warranties extend to any reasonable and foreseeable user.
Third-party Beneficiaries
Individuals or entities that are not part of a contract but stand to benefit from its execution.
Uniform Commercial Code
A comprehensive set of laws governing commercial transactions in the United States, intended to standardize and simplify the laws across states.
Recognize
To acknowledge or formally accept something as valid, true, or significant.
- Acquire knowledge on the expansion of seller warranties to third-party beneficiaries and understand their rights within various legal frameworks.
Verified Answer
SN
Sudha NayakMay 10, 2024
Final Answer :
D
Explanation :
States are given the following three choices regarding third-party beneficiaries of warranties: a)a seller's warranties extend to the buyer's household members and guests; b)a seller's warranties extend to any reasonable and foreseeable user; or c)a seller's warranties extend to anyone injured by the good.
Learning Objectives
- Acquire knowledge on the expansion of seller warranties to third-party beneficiaries and understand their rights within various legal frameworks.