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What is a warranty in a contract?
What is a warranty in business?
What is the difference between warranty and warranty?
What is a product warranty?
An assurance, promise, or guaranty by one party that a particular statement of fact is true and may be relied upon by the other party. Warranties are used in a variety of commercial situations. In many instances a business may voluntarily make a warranty. In other situations the law implies a warranty where no express warranty was made.
Jan 29, 2024 · A warranty represents a legally binding commitment, ensuring that a product adheres to defined quality criteria and commits to fixing or replacing any faults within a specific duration.
Jun 30, 2024 · A warranty is a guarantee or promise made by a manufacturer or similar party regarding the condition of their product. A warranty also refers to the terms and...
- Will Kenton
In general, a warranty is a promise, assurance, or statement made by the party (warrantor) regarding the existence or accuracy of specific facts or the condition, quality, quantity, or nature of a good or property. An express warranty and an implied warranty are both legally binding commitments.
What does "warranty" mean in legal documents? In simple terms, a warranty is a promise or guarantee made by the seller or manufacturer of a product or service. It's a way for them to assure you that the product or service will work as expected and meet certain standards.
What is Warranty in Contract Law? A warranty in contract law is a promise or guarantee from one party to another that the facts are true and reliable. A contractual warranty is a obligation that the facts that relate to the subject of the contract are true.
In general, a warranty is a promise, assurance, or statement made by the warrantor regarding the existence or accuracy of specific facts or the condition, quality, quantity, or nature of a good or property.
