warranty contract
31Magnuson–Moss Warranty Act — The Magnuson–Moss Warranty Act (P.L. 93 637) is a United States federal law, (15 U.S.C. § 2301 et seq.). Enacted in 1975, it is the federal statute that governs warranties on consumer products. The Act was sponsored by Senator Warren G …
32Home warranty — A Home warranty is an insurance contract that covers the repair and replacement costs of home appliances. The warranty generally covers equipment and appliances such as dishwashers, plumbing systems, electrical systems etc. that fail due to… …
33Real estate contract — A real estate contract is a contract for the purchase/sale, exchange, or other conveyance of real estate between parties. Real estate called leasehold estate is actually a rental of real property such as an apartment, and leases (rental… …
34collateral warranty — or collateral contract The meaning of this term differs depending on the context in which it is used: • In the general law of contract, a term or contract which runs outside the main written contractual agreement between the parties. • In… …
35Magnuson-Moss Warranty Act — The Magnuson Moss Warranty Act (P.L. 93 637) is a United States federal law (usc|15|2301 et seq. ). Enacted in 1975, it is the federal statute that governs warranties on consumer products.The Act was sponsored by Senator Warren G. Magnuson of… …
36Collateral Warranty — The term “collateral warranty” finds its roots in property law. In 1839 Francis Hilliard wrote: “A collateral warranty is where the heir neither does nor could derive his title to the land from the warrantor; and yet is both de barred from… …
37implied warranty — noun : a warranty raised in the operation of law though not expressly made and arising out of a particular transaction for reasons of public policy (as, that a ship chartered is seaworthy, that food sold to people is fit for human consumption,… …
38Express Warranty — An agreement between the contract seller (dealer, manufacturer or independent company) and the buyer of a product to provide repair or replacement for covered components of the product for some specified time period. An express warranty is a… …
39collateral contract — collateral warranty or collateral contract The meaning of this term differs depending on the context in which it is used: • In the general law of contract, a term or contract which runs outside the main written contractual agreement between the… …
40Implied Contract — A legal substitute for a contract. An implied contract is an agreement created by actions of the parties involved, but it is not written or spoken. This is a contract assumed to have been drawn. In this case, there is no written record nor any… …
