What are the various defenses to an action based on warranty, Accounting Basics

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What are the various defenses to an action based on warranty

Problem

i. The liability of manufacturers and sellers of goods for a defective product, or for its failure to perform adequately, may be based on what?

ii. What are the types of warranties? Explain each type.

iii. What are the various defenses to an action based on warranty?

iv. What constitutes acceptance by a buyer and when can acceptance be revoked?

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Accounting Basics: What are the various defenses to an action based on warranty

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Accounting Basics: What are the various defenses to an action based on warranty

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