Implied warranty
In
common law jurisdictions, an implied warranty is a
contract law term for certain assurances that are presumed to be made in the sale of products or
real property, due to the circumstances of the sale. These assurances are characterized as
warranties irrespective of whether the seller has expressly promised them verbally or in writing. They include an implied warranty of fitness for a particular purpose, an implied warranty of merchantability for products, and an implied warranty of habitability for a home.
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Implied Warranty
the notion, upheld by courts in recent years in response to mounting consumer complaints, that a product is covered by warranty even if not expressly stated, and that manufacturers are liable for injury caused by a product even if there has been no negligence in manufacturing; hence, caveat vendor or "let the seller beware". See
Warranty;
Express Warranty;
Promotional Warranty;
Protective Warranty.
Implied Warranty
A guarantee imposed by law in a sale. Even though the seller may not make any explicit promises, the buyer still gets some protection.