How Does A Seller Create An Express Warranty? An “express” warranty by a seller is created by: Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise. In what
What Does The Magnuson-Moss Warranty Act Require? The Magnuson-Moss Warranty Act requires that every written warranty on a consumer product that costs more than $10 have a title that says the warranty is either “full” or “limited” (The Act calls these titles “designations.”) The title is intended to provide consumers, at a glance, with a
Which Is A Requirement For An Express Warranty? An express warranty is an agreement by a seller to provide repairs or a replacement for a faulty product, component, or service within a specified time period. Under the federal Magnuson-Moss Warranty Act, a company must provide a written express warranty if a product is sold for