Question Details

	Username: Fluffy Rating: Asked to: Anton Luyten Date Created: 09 Mar 2016
Category	28
Tag	Financial
Question	Please give the definition of 'Warranty'.

Advice from Guru

Hi Fluffy,

A warranty is a type of guarantee that a manufacturer or similar party makes regarding the condition of its product. It also refers to the terms and situations in which repairs or exchanges will be made in the event that the product does not function as originally described or intended.

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