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Project Management Professional · PMI
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- A Solicitation is generally more encompassing than a verbal description of performance needs. The buyer describes what is required, and the seller, in the response, offers a product or service at some price to meet the requirements. This could be considered an example of a solicitation, but I don't think it's the best answer. B. A Guarantee provides some remedy if the product fails to meet some requirement. No such remedy is mentioned, and guarantees are written. C. An implied warranty is an unwritten assumption that the product offered is suitable for the purpose for which it is offered. An implied warranty applies if the buyer depends on the seller to select a product for a particular purpose. This seems to fit the example - the seller recommends a product, and there is no written warranty discussed. The "iffy" part of this example is that warranties do not cover quality, and performance could be construed to be a quality issue, rather than a suitability issue. It would be incumbent upon the buyer to explain to the seller that the product would be unsuitable if it did not meet the performance needs. Considering the unwritten nature of the implied warranty, I would want to get it in writing, which would then be an expressed warranty. D. Buyer's Warranty- I'm not sure what this is. If legally it is no different from a warranty, the implied warranty is a more specific, and thus better, answer. E. Caveat - This just means "warning".