warranty

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warranty

1. Property law a covenant, express or implied, by which the vendor of real property vouches for the security of the title conveyed
2. Contract law an express or implied term in a contract, such as an undertaking that goods contracted to be sold shall meet specified requirements as to quality, etc.
3. Insurance law an undertaking by the party insured that the facts given regarding the risk are as stated

guarantee

1. A legally enforceable assurance of the quality or duration of a product or of work, 1 performed.
2. A binding commitment by one person that another will perform his contract obligations satisfactorily.
References in periodicals archive ?
It is a trend that shows no signs of abating and, alongside a general new car market move towards longer warranties, means that customers now desire a very comprehensive level of used car warranty cover.
It is a cheap shot at an industry which offers comprehensive warranties and has moved quickly to address OFT concerns over new car warranty terms and conditions.
These are Capital Car Warranty Services Lim-ited, Ken Thorne Car Sales Limited, Ken Thorne Car Sales (Penarth Road) Limited and Capital Car Finance Limited.
com)-- Leaders among US extended car warranty companies, Insured Auto Warranty have recently announced the addition of a new solution to the company's already comprehensive catalogue.
The offer will qualify once the new car warranty period expires, so that the new owner will have ongoing warranty coverage for the life of his car.
The car warranty provider said it will start emailing communications instead, saving the firm hundreds of thousands of pounds in postage and printing, and losing the Royal Mail pounds 100,000.
0 per hour for labour, I'll remind you once again that the law says you don't need to commit financial hara-kiri to keep your new car warranty valid.
Mr Thurston is dealing with the accounts of Ken Thorne Car Sales Ltd, Ken Thorne Car Sales (Penarth Road) Ltd, Ken Thorne Motor Village (Swansea) Ltd, Capital Car Finance Ltd and Capital Car Warranty Services Ltd.
More than eight out of 10 blown engines are caused by clumsy males, according to a major study by a car warranty firm.
They accomplished the feat of climbing up out of last place by making several positive changes, including new special car financing offers, requirement of a VHR, and the expansion of their car warranty from 6 years to 10.
com)-- Extended car warranty experts Insured Auto Warranty have recently announced that they will now allow clientele to finance the cost of the extended car warranty that they purchase through the company over eighteen months.
April 28 /PRNewswire/ -- Verizon Wireless said today it has filed a lawsuit to stop several telemarketers from calling its customers and employees with an offer of an extended car warranty.