Site navigation

Answer the question solely on the basis of the definition given. A Guarantee is a promise or assurance that attests to the quality of a product that is either (1) given in writing by the…

Question and options

Answer the question solely on the basis of the definition given.
A Guarantee is a promise or assurance that attests to the quality of a product that is either (1) given in writing by the manufacturer or (2) given verbally by the person selling the product. Which of the following situations is the best example of a Guarantee?
  1. Melissa purchases a DVD player with the highest consumer ratings in its category
  2. The salesperson advises Curt to be sure that he buys an air conditioner with a guarantee
  3. The local auto body shop specializes in refurbishing and selling used cars
  4. Lori buys a used digital camera from her coworker who says that she will refund Lori’s money if the camera’s performance is not of the highest quality

Answer and explanation

Correct answer: D - Lori buys a used digital camera from her coworker who says that she will refund Lori’s money if the camera’s performance is not of the highest quality
The coworker selling the camera gives a verbal assurance of quality (a refund if it is not top quality), which is case (2) of the definition. The other options contain no promise from a seller or manufacturer.

Practice for these exams

  • CUSAT CAT Five-Year LL.B.

  • CUSAT CAT M.Sc. Bioethics

Related question papers

Related exam syllabi

More solved explanations in Verbal & critical reasoning