Asked by Surinder Gujral on Jun 30, 2024

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A seller's statement about the value or worth of goods, such the price that might be charged by a competitor, is not an express warranty.

Express Warranty

An express warranty is a seller's promise or guarantee that a product will meet a certain quality or functionality standard.

Value or Worth

The importance, usefulness, or monetary valuation of something, often subject to change based on market demand or condition.

Statement About

A declaration or account made about a specific subject, detailing facts or opinions.

  • Determine the characteristics of puffery and differentiate it from express warranties.
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Nicolene SinclairJul 05, 2024
Final Answer :
True
Explanation :
A seller's statement about the value or worth of goods, including the price that might be charged by a competitor, is considered an opinion or commendation of the goods rather than an express warranty. An express warranty typically involves a promise or affirmation of fact by the seller about the goods that becomes part of the basis of the bargain.