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Express Warranty
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A. A warranty created by the overt words or actions of the seller.
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Legal Definition -
A warranty created by the overt words or actions of the seller. Under
the UCC [Uniform Commercial Code], an express warranty is created by any of the following: (1) an
affirmation of fact or promise made by the seller to the buyer relating to
the goods that becomes the basis of the bargain; (2) a description of the
goods that becomes part of the bargain; or (3) a sample or model made part
of the bargain. Black's
Law Dictionary® Eighth Edition © 2004
Current
Usage -
A new Better Business Bureau national survey conducted by Kelton Research
finds that more than four in 10 (42 percent) Americans admit they do not
look at extended warranty policies that come with their purchases. Further,
nearly half (46 percent) do not read service contracts, either. But are they
worth the extra cost? The Better Business Bureau offers the following
advice: Extended warranty vs. service contract: What’s the difference?
Salespeople use the terms extended warranty and service contract
interchangeably, but there is a distinction. An extended warranty protects
you against manufacturing defects beyond the life of the
express warranty. A service
contract provides varying degrees of maintenance and upkeep. An extended
warranty offers protection if your computer inexplicably goes on the fritz;
a service contract might protect you if you spill coffee all over your
keyboard, but, then again, it might not.
Trib.com Wyoming's On Line source, December 16, 2007