Warranty means that thing which makes customer satisfy that what they are purchasing it not bad thing and if any problem occur in it then it will be replaced.
A warranty is a statement of a fact, forming part of the contract, which the party giving the warranty (warrantor) asserts to be true.
A warranty is a guarantee to repair or replace goods or refund the costs of those goods, if they are found faulty through bad manufacturing process.
A warranty is a statement by the seller or manufacturer of a product that it will perform in the manner specified. Warranties exist on numerous products, from small electronics, to infomercial products, to homes and automobiles. Either the seller or the manufacturer dictates the extent to which warranties apply. Some warranties also apply to certain types of services. For instance if you get new brakes on your car, the work and materials may be guaranteed to work appropriately for a specified time period or a specified number of miles. Many products can be sold “as is” which means any problems with the product will not be covered by warranty. In the event that a product or service fails to perform as promised, the warranty may make repairs or exchanges of the product easier. There are some obligations that the purchaser must fulfill. If you have a warranty on a car for instance, and you run that car into a tree, you generally won’t get free repairs since your action, whether accident or not, constitutes a misuse of the car. However if your car is under warranty and the engine falls out of it while you’re driving, you may be entitled to free or reduced price repairs.
