A warranty is a written contractual guarantee that promises product repair or replacement for faulty products under normal conditions within a set amount of time. A guarantee is a verbally expressed promise that the product will perform as intended or it can be returned for a refund.
Linguistically, both a warranty and a guarantee are promises to the customer. The difference is their legal standing. Guarantees are more or less verbal promises whereas most warranties are written contractual agreements that are more legally binding to protect both parties. Guarantee, Warranty, Quality, Products. A guarantee is a promise or assurance that something is of specific quality, or that it will perform adequately for a given length of time.
In the consumer goods sector, a guarantee attests the quality or durability of a product. The word guarantee acts both as a noun and a verb. We use the verb guarantee in a general context to assure people we have confidence in a product or service. In legalese, the term guarantee has a different meaning. A warranty is basically a written guarantee issued to the purchaser of a product by its manufacturer, agreeing to repair or replace it if necessary, within a specified period of time.
Don't Get Mixed Up Again! Get Dictionary. Phone This field is for validation purposes and should be left unchanged. What is a warranty? It is only used as a noun. A guarantee is a promise, typically given in writing, that swears the quality of a product or that a service will be performed to a certain standard. A guarantee can also be a verb to pledge a party's confidence in their product or service.
A warranty can't legally hold that same promise. A common example of this is a parent who guarantees their child's car loan. If their child can't make a payment, the parent will be held responsible to pay the lender for the missed payment. The parent is the guarantor for the loan, but it is conditional on the child having to miss a payment before the parent is held responsible.
The difference between a warranty and guarantee typically comes down to word choice. The nuance between a warranty and guarantee doesn't affect the legality of the agreement. The phrasing doesn't matter, but the promise does.
Every state has some iteration of the Uniform Commercial Code , which says a warranty can be created by affirming a fact, making a promise from the seller, or describing the goods. A binding guarantee can even be created by a representation or model of the final product and not the actual product itself.
Warranties and guarantees aren't created by comments made by the seller that are obvious exaggerations or personal opinions.
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