Talk:Warranty
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I would be interested to have someone discuss the difference between Representations and Warranties. Some contracts have a "Representations and Warranties" section, others only have "Warranties". I don't understand why. Thanks. [I have added a section on Representations and Warranties and have distinguished between the two with examples. jeisenberg.]
[edit] Start of Warranty
If the buyer is witholding payment of outstanding balance is the warranty in place or does the warranty start on the day the goods were deliverered? [Generally a warranty is effective upon sale and payment is considered a different subject, subject to credit and collection; however a seller may have an offset for nonpayment against its warranty obligations so consult a lawyer. jeisenberg]
The warranty effective period is the period as stated in the contract.
A warranty policy could be written to state that the warranty is not in effect, until the product has been fully paid for. Or it might simply state, Upon Delivery, in which case, payment is not an issue.
[edit] What exactly is a lifetime warranty?
The term shows up everywhere, but it's not clear what it means in general. Is there an accepted legal meaning for a lifetime warranty? (and is it 'the lifetime of the article', or 'the lifetime of the owner'? njh 23:23, 25 February 2006 (UTC) [a lifetime warranty should be good for the buyer's lifetime; "lifetime" ties to life of a product would beg the question of what the life is -- if it fails in 12 months was that the product's life? jeisenberg]
Lifetime warranty is being misused by many manufacturers and brand specially in the computer and technology business where the life of a product is very short. No brand offering lifetime warranty in their web sites clearly give a definition of what is the actual meaning of the term "lifetime warranty ". According to me it basically means the life of the product, if the product is no more being manufactured then the warranty is over. As such if in Nov 2006 a customer buys DDR1 Memory Module then the expected warranty period will not last 6 months also as DDR2 will become mainstay and DDR1 Production would be no more.
[edit] US-centric?
The article is good, but it seems somewhat targetted at the American system. Perhaps some comparison between various systems in place in different countries would be in order? [I'll add something on this. jeisenberg]
what is difference between guarantee and warranty? [not much: guarantee is more generic, warranty is more specific and has specific legal connotations. jeisenberg]
