The Importance Of Warranties

warranty of merchantability

a warranty that is given only by someone who is a merchant.

warranty of title

a warranty that the title being conveyed is good and that the transfer is rightful.

limited warrnaty

a warrnaty that provides less than what is provided by a full warranty

waranty

another name for a guarantee

puffery

another name for sales talk

consequential damages

are lossess that do not flow directly from an act but only form some of the consequences or results of the act.

merchantable

goods that pass without objection, are fit for their ordinary purpose, adequaltely contained, and confirm to statements made on the label

express warranty

is a guarantee of quality that comes from statements and promises made by the seller, descriptions of goods, and the showing of samples and models.

implied warranty

is a guarantee of quality that is imposed by law

Full Warranty

is a warranty in which a defective product will be fixed or replaced for free within a reasonable time after a complaint has been made about it.

guarantee

the word is often used in place of warranty

warranty of fittness for a particular purpose

when the seller advises the buyer in making advises the buyer in making a purchase, and the buyer relies on the sellers knowledge and advice when making the purchase