will warranty

will warranty

Dictionary of automotive terms. 2015.

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  • good will warranty — Normal warranty specifies that a product is covered for manufacturer s defects for a period of time or distance of use. If the item has gone beyond the normal warranty, the dealer may offer some warranty in order to keep your business. The dealer …   Dictionary of automotive terms

  • warranty — The promise made by both the vehicle manufacturer and the vehicle dealer to fix or replace parts on a new vehicle if there is a malfunction before a specific time or distance has elapsed. In some instances some manufacturers or dealers grant… …   Dictionary of automotive terms

  • will — See good will warranty …   Dictionary of automotive terms

  • warranty — war·ran·ty / wȯr ən tē, wär / n pl ties [modification (influenced by warrant ) of Anglo French garantie, from garantir to protect, warrant] 1: a promise in a deed that gives the grantee of an estate recourse (as through an action for damages)… …   Law dictionary

  • warranty — [wôr′ən tē, wär′ən tē] n. pl. warranties [ME warantie < NormFr (OFr garantie): see WARRANT] 1. official authorization or sanction 2. justification; reasonable grounds, as for an opinion or action 3. Law a guarantee; specif., a) a guarantee or… …   English World dictionary

  • warranty of authority — a promise that one is an authorised agent. Where an agent has contracted as an agent (rather than personally) the agent cannot be made personally liable to the third party who has contracted with him. If, however, the agent had no authority to… …   Law dictionary

  • warranty of fitness for a particular purpose — n. A promise by the seller, expressed or implied, that the purchased item will be suitable for the use to which the buyer wishes to put it. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell.… …   Law dictionary

  • Warranty — In commercial and consumer transactions, a warranty is an obligation or guarantee 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 …   Wikipedia

  • warranty — A promise that a proposition of fact is true. The Fred Smartley, Jr., C.A.Va., 108 F.2d 603, 606. An assurance by one party to agreement of existence of fact upon which other party may rely. It is intended precisely to relieve promisee of any… …   Black's law dictionary

  • warranty — A guarantee by a seller to a buyer that if a product requires repair or remedy of a problem within a certain period after its purchase, the seller will repair the problem at no cost to the buyer. Bloomberg Financial Dictionary * * * warranty… …   Financial and business terms

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