In: Accounting
In which situation does Seller make an express warranty?
a. during negotiation, seller gave byron a brochure regarding a ring that byron was considering purchasing. The brochure stated that the ring was sterling silver.
b. During negotiations for the sale of a drill. Seller stated to Buyer. "This drill is the best little drill on the market today. " Seller did not say anything else.
c. During the negotiations for the sale of a chair to be specifically manufactured. Seller showed Buyer a model of what the chair would be like. Seller did not say or do anything else.
d. a. and c.
Solution:
Seller makes an express warranty in situation "during negotiation, seller gave byron a brochure regarding a ring that byron was considering purchasing. The brochure stated that the ring was sterling silver"
Hence option a is correct.