Post Utme Futo 2019 Commerce Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Futo Commerce examination.

Post Utme Futo 2019 Commerce Objective / Multiple Choice
Question 31 POST_UTME_FUTO • 2019 • COMMERCE • objective

A company is sued for negligence in the sale of a defective product. The company's liability is limited by the Consumer Protection Act. Which of the following is a correct statement regarding the company's liability?

Answer Options

A. The company is liable for all damages caused by the defective product.
B. The company is liable only for the cost of repairing or replacing the defective product.
C. The company is not liable for any damages caused by the defective product.
Correct Answer D. The company's liability is limited to the amount of the purchase price of the defective product.
Correct Answer
D
Correct Option:
The company's liability is limited to the amount of the purchase price of the defective product.

About This Question

This is Post Utme Futo 2019 Commerce Question 31. It is one of the objective questions from the 2019 Post Utme Futo Commerce examination.

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