Asked by
Rabih Darwiche
on Dec 18, 2024
Verified
If a buyer fails to comply with the statute of limitations, there is a waiver of warranty rights.
Statute of Limitations
A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.
Warranty Rights
The entitlements a buyer has under a warranty, including repair, replacement, or refund for products that fail to meet the specified standards.
- Understand the legal principles surrounding the statute of limitations and waiver of warranty rights.
Verified Answer
AS
Learning Objectives
- Understand the legal principles surrounding the statute of limitations and waiver of warranty rights.