Friday, April 26, 2019

Warranties as Contracts Coursework Example | Topics and Well Written Essays - 500 words

Warranties as Contracts - Coursework ExampleThis paper illustrates that countenance is a condition which is collateral to the brisk status of the contract. A contract can still do without the prevailing condition of the warranty. When an private buys a product, he has a warranty affiliated to it. However, due to some action on behalf of the consumer, it might look at to the defeat of the warranty. What we mean by this statement is that if the consumer uses the product in a fashion not demarcated by the manufacturer, then that might lead to the breach of the warranty. However, it is very crucial to understand at this juncture that this verbalize loss of warranty will not tantamount to the breach of the sale contract which the parties entered into. Having bought an Apple iPhone, if an individual jailbreaks it, then he tantamounts to the loss of the warranty of the product. But, at the same time, it would not result in the broad(a) breach of the contract. The sale contract still e xists and the manufacturer or the consumer cannot ask for the refund of the money or to return back the product to the manufacturer. Warranty as a contract is an assurance that the product shall be fixed and repaired at any given time, however, there is a time stipulation to the said warranty and the consumer has to approach the manufacturer within that frame of time in order to get the product repaired on with the benefits which a warranty provides. To conclude, it is crucial to recap the basic definition of a warranty as outlined earlier in this paper. A warranty is a collateral which is essential to the functioning of the contract. It is collateral which is attached to the existing terms and conditions laid down in the contract.

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