Express Warranty

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Wikipedia English The Free EncyclopediaDownload this dictionary
Warranty
In commercial and consumer transactions, a warranty is an obligation that an article or service sold is as factually stated or legally implied by the seller, and that often provides for a specific remedy such as repair or replacement in the event the article or service fails to meet the warranty. A breach of warranty occurs when the promise is broken, i.e., a product is defective or not as should be expected by a reasonable buyer.
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MONASH Marketing DictionaryDownload this dictionary
Express Warranty
a manufacturer's guarantee, stated in written or spoken words, that the product offered for sale will satisfactorily perform the task for which it is intended, and to the buyer's reasonable expectations. See WarrantyImplied WarrantyPromotional WarrantyProtective Warranty.

2004 (c) Copyright & Reprint Courtesy of the Dept. of Marketing, Faculty of Business and Economics, Monash University; edited by Mr. Don Bradmore.

The Lectric Law Library DictionaryDownload this dictionary
Express Warranty
An assertion or promise concerning goods or services. Statements such as "This air conditioner will cool a five-room house," or "We will repair any problems in the first year" are express warranties.

Courtesy of the 'Lectric Law Library.

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