An expressed warranty is a guarantee, either spoken or written, provided by a seller or manufacturer assuring the quality, performance, or condition of a product or service to the buyer.
A comprehensive overview of non-refundable tickets, their types, advantages, disadvantages, legal considerations, and practical examples in various industries.
A comprehensive guide to warranties, covering historical context, types, key events, importance, applicability, related terms, comparisons, interesting facts, and more.
Caveat Emptor (Latin for 'Let the buyer beware') is a rule of law that the purchaser buys at their own risk. Recently, this doctrine has eroded to require disclosure by the seller of known defects in the product.
Deceptive packaging refers to the practice of using packaging that creates an impression the enclosed material is more than what it really is, whether in terms of quantity or quality.
A comprehensive explanation of what it means for an item or a product to be classified as defective, covering legal implications, types of defects, historical context, and related terms such as product liability and warranty.
An implied warranty is a legal assurance that is not explicitly stated in written form but exists under the law, providing protection to consumers and buyers by default. Contrast with expressed warranty which needs to be specifically articulated.
A detailed overview of a warranty, a guarantee given by a seller to a buyer that the goods or services purchased will perform as promised, or a refund, exchange, or repair will be provided without charge.
The Warranty of Merchantability ensures that the goods sold are reasonably fit for the general purposes for which they are intended. This warranty is a fundamental concept in commercial transactions, providing confidence to buyers about the quality and usability of purchased goods.
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