REG: Warranty of Title

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    Topic
  • #177437
    MCLKT
    Participant

    Conflicting info, can anyone clarify?

    Ninja notes state Warranty of Title can’t be disclaimed

    Yaeger says it can be disclaimed, but not with general “as is” disclaimer. Only if using specific language “seller does not guarantee title”

    For exam purposes, should warranty of title be considered non-disclaim-able? 🙂 thanks!

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

Viewing 6 replies - 1 through 6 (of 6 total)
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  • #412086
    Anonymous
    Inactive

    I've got to go pick up a prescription but I have notes on this. I'll e-mail you when I get home.

    #412087
    MCLKT
    Participant

    🙂

    Will you include a synopsis of how you are? I need an update on your progress.

    <3

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

    #412088
    Anonymous
    Inactive

    I'd love to hear what you find, as well.

    #412089
    Futile
    Member

    Bisk says the same thing as Yaeger and cites UCC 2-316, but it should be 2-312.

    Under UCC 2-312, title to goods can be disclaimed provided there is specific language that lets the buyer know s/he isn't getting full title.

    https://www.law.cornell.edu/ucc/2/article2.htm#s2-312

    CPA exam: Done!

    Thank You, Lord.

    #412090
    MCLKT
    Participant

    Thanks Futile!

    I found the topic in Wiley that states the same thing.

    Also to note, the specific language does not have to be in writing.

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

    #412091
    Anonymous
    Inactive

    I finally found my notes and this is what I've got. It may not be correct because this part always confused me because I'm in Louisiana and we have the Right of Redhibition. REG was so much fun because school taught me one set of laws and the exam tested me on a completely different set of laws. 🙂

    Warranty – an expectation that the buyer has that the seller is required to fulfill – Implied warranty (automatically exists) but you can disclaim by saying “I'm selling all I own” – Express (stated or written) warranty – becomes the basis for the bargain such as a sample or description – You Can Not Disclaim This Warranty Once It Is Written

Viewing 6 replies - 1 through 6 (of 6 total)
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