40 likes | 300 Views
Sales Law. November 3, 2009 Winn. Sales Law November 3. Trade association examples? Monday 11/16 Class Hand in Certification Mark reports Complete ISO 9000 Catalyst Quiz before class Discuss ISO 9000 problem (handout) Discuss any questions about Certification Marks
E N D
Sales Law November 3, 2009 Winn
Sales Law November 3 • Trade association examples? • Monday 11/16 Class • Hand in Certification Mark reports • Complete ISO 9000 Catalyst Quiz before class • Discuss ISO 9000 problem (handout) • Discuss any questions about Certification Marks • Problems through 3.12
Express Warranties • Express Warranty? • Specific • Measurable • Fact • Unequivocal • Reliance is reasonable • Response to a direct question • Written • Puffing? • General • Un-measurable • Opinion or recommendation • Qualified or conditional • Reliance is unreasonable • Freely volunteered • Oral
Benefit of the Bargain Rule Standard Rule Buyer must prove reliance “Benefit of the Bargain” No proof of reliance needed