Give an account of express warranties.

What will be an ideal response?


Express warranties are created when a seller or lessor affirms that the goods he or she is selling or leasing meet certain standards of quality, description, performance, or condition. Express warranties can be either written, oral, or inferred from the seller's conduct. It is not necessary to use formal words such as warrant or guarantee to create an express warranty. A seller's or lessor's statement of opinion (i.e., puffing) or commendation of goods does not create an express warranty. It is often difficult to determine whether a seller's statement is an affirmation of fact (which creates an express warranty) or a statement of opinion (which does not create a warranty). An affirmation of the value of goods does not create an express warranty.

Business

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If a paralegal works in a firm with just one attorney who focuses his work on advocating rights of senior citizens and estate planning, that paralegal is working in a:

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Business

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Business

According to TQM philosophy, who is responsible for defining what constitutes quality for a product or service?

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Business