warrantor

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warrantor

an individual or company that provides a warranty
References in periodicals archive ?
As an added bonus to the provincial treasury, where the repair shop is billing the warrantor for the cost of parts taken out of the repair shop's own inventory, it is the repair shop's cost that must be charged to the warrantor.
If the repairer fails to collect Ontario retail sales tax (ORST) on the invoice, the warrantor should self-assess and remit the tax due on the invoice on line 3 ("tax on purchases for own use") of its Ontario retail sales tax return.
ORST at 8% continues to apply to the sale of warranty, service and maintenance contracts, while the reduced rate applies only to the cost of the underlying repairs and replacements performed by the warrantor.
While the agency commentary accompanying the Magnuson-Moss Warranty Act regulations observes that a warrantor may offer consumers the option of binding arbitration, once a dispute has arisen,[25] the regulations prohibit warrantors from mandating binding arbitration prior to the occurrence of the dispute.
The company is also supposed to ensure that the decision maker is sufficiently "insulated" from the warrantor, for example in terms of personnel decisions, that the decision will not be biased.
The second obstacle is where the warrantor comes in.
said high-tech equipment requires more customer service and he sees warrantors playing a greater role in answering consumers' daily questions, as well as handling problems with installation and perceived product failures.