Define: Breach Of Warranty

Breach Of Warranty
Breach Of Warranty
Quick Summary of Breach Of Warranty

Breach of warranty occurs when a party fails to fulfill the terms or conditions of a warranty agreement. In a contract, a warranty is a promise or guarantee made by one party to another regarding the quality, performance, or condition of a product or service. If the product or service does not meet the standards specified in the warranty, the party providing the warranty may be held liable for breaching the agreement. Breach of warranty claims can arise in various contexts, including sales contracts, consumer protection laws, and product liability cases. Remedies for breach of warranty may include repair, replacement, refund, or compensation for damages suffered as a result of the breach.

What is the dictionary definition of Breach Of Warranty?
Dictionary Definition of Breach Of Warranty
n. determination that a statement as to title of property, including real property or any goods, is proved to be untrue, whether intended as a falsehood or not. It can also apply to an assurance of quality of a product or item sold. The party making the warranty is liable to the party to whom the guarantee was made. In modern law the warranty need not be expressed in so many words, but may be implied from the circumstances or surrounding language at the time of sale.
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This glossary post was last updated: 28th March, 2024.

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