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What is meant by warranty?
What is the difference between warranty and warranty?
What is a warranty agreement?
What are warranty and conditions?
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
A warranty is a written promise or guarantee, issued by the manufacturer, retailer, or distributor of a product or service pledging to replace or repair it if there is a fault or breakdown within a specified period. It may also include a list of the rights and obligations of either party in case of a dispute or claim.
Warranty is defined as an assurance given by the manufacturer or seller to the buyer that the specified facts about the product are true. It is a collateral condition to the main objective of the contract. It specifies that the particular product is up to the standard, i.e. quality, fitness and performance.
A warranty can be understood as a guarantee or agreement which is made by the maker or the manufacturer of the product as reassurance regarding the product condition.
Jul 31, 2024 · A warranty, as stipulated in the act, is an ancillary provision not central to the core purpose of the contract. Its breach results in a claim for damages, but it does not empower the buyer to reject the goods.
3 days ago · A warranty can be expressed or implied. What are the Types of Conditions? Implied conditions are those terms that are not explicitly stated but rather understood and legalised as per the law - Implied Understanding Regarding Title - Here, it is implied that the seller can sell his goods with all rights and transfer ownership to the buyer.
In short, a warranty is a promise to provide repair, maintenance, replacement or refund of a product for a certain time period. How does a warranty work? Although not required by law,...
