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1 天前 · Warranties are contractual terms which promise that the good or service that you are providing is of a certain quality. There is a distinction between express and implied terms in a contract, and this applies to warranties. What are Express Warranties? Express warranties are stated in obvious words within the contract itself.
5 天前 · The bank provides something called a “shipping guarantee.”. This guarantee ensures that the goods will be released to the importer even if there are issues with the documents. With the shipping guarantee, the importer can take possession of the goods and move them out of the port smoothly. In simple terms, a shipping guarantee is like ...
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3 天前 · General Obligation and Construction of Contract. 5/19/2024. § 8.2-314. Implied warranty: Merchantability; usage of trade. (1) Unless excluded or modified (§ 8.2-316 ), a warranty that the goods shall be merchantable is implied in a contract for their sale if the seller is a merchant with respect to goods of that kind.
1 天前 · Workmanship Warranties: A reputable tradesman will offer a warranty on their labour, usually for a period of 12 months. This warranty covers any defects caused by faulty workmanship. Specific Warranties: Some trades may offer specific warranties on certain aspects of the job. For example, a plumber might offer a warranty on the functionality of ...
5 天前 · Warranty Management: What Is It and How to Optimize It? By Thierry Tremblay / May 17, 2024 / 9 minutes of reading. Warranty management is key for any firm that serves customers. It lets them keep track of warranty info on products their customers own. If not done well, it can lead to lower sales and upset customers.
4 天前 · 1. Except in the case of a housing merchant implied warranty, the builder or seller of a new home may exclude or modify all warranties by any clear and conspicuous terms contained in the written contract or agreement of sale which call the buyer’s attention to the exclusion or modification of warranties and make the exclusion or modification plain.
5 天前 · Representations and warranties are very important in the sale of a company and, according to Reed, co-founder of the Merger Week at Northwestern University, “a buyer or seller will be able to back out of the agreement if he or she discovers that the
