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
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

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.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
DACA Trust's motion for summary judgment is allowed in part with respect to Count I claims of breach of express warranty and breach of implied warranty of fitness for a particular purpose, but is otherwise denied.
(c) Any sample or model which is made part of the basis of the bargain creates an express warranty that the whole of the goods shall conform to the sample or model.
Closer perusal of those sections shows that they are for the most part negative, in that there are no implied warranties of: neutrality (MIA 1909, s 42(1)) other than a long-obsolete warranty as to carrying papers of neutrality where there is an express neutrality warranty (MIA 1909, s 42(2)); nationality (MIA 1909, s 43); good safety, unless (as no longer occurs) there is an express warranty (MIA 1909, s 44); or cargo-worthiness (MIA 1909, s 46).
(145) Secondly, the guarantee that goods be 'fit for a purpose' disclosed by a consumer to the supplier (146) is complemented by a guarantee that goods will be fit for any purpose 'for which the supplier represents that they are reasonably fit.' (147) Thirdly, and potentially most significantly, the CGL provides statutory force to the provision of an 'express warranty' given by manufacturers or suppliers of goods.
What is the proposed express warranty against defects under the ACL?
An express warranty is breached if the artwork does not conform to the affirmation or promise made.
Reliance upon the representations by the seller or skill and judgment of the seller where the action is based upon express warranty or warranty of fitness for a particular purpose.
Clifford, Express Warranty Liability of Remote Sellers: One Purchase, Two Relationships, 75 WASH.
This article reports on software-licensor express warranty and disclaimer practices on the Internet.
The IRS Notice states that a qualified person is "properly licensed as a professional engineer or contractor in the jurisdiction in which the building is located." It is my understanding that the legal meaning of certification is a guarantee or an express warranty. As a professional engineer, I carry professional liability insurance with the largest company serving architects and engineers.
In an express warranty, for example, the manufacturer represents certain characteristics about its products to the customer.
(Although we differentiate between implied and express warranties in our general discussion of warranties, we shall use the term warranty to refer to express warranty information throughout this paper.) In our analysis of the extrinsic cues' influence on consumer responses, we particularly focus on interaction effects, i.e., how warranties interact with retailer reputation and with brand name in the context of Internet marketing.