Ny Warranty Individual Formula
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FAQ
The Magnuson-Moss Warranty Act requires that every written warranty on a consumer product that costs more than $10 have a title that says the warranty is either "full" or "limited" (The Act calls these titles "designations.") The title is intended to provide consumers, at a glance, with a key to some of the important ...
There are many examples of warranties depending on the type of product a consumer is buying. Some examples may include replacing a product such as a mobile phone if it does not the way it is advertised. A consumer may also receive free repair services where a product has been damaged during use.
The Act applies only to products and not to warranties on services. Additionally, the Act covers only warranties on consumer products. In other words, it doesn't apply to warranties on products sold for resale or for commercial purposes.
There are two general types of warranties, expressed and implied. Each category has different sub-types of warranties, with terms, conditions, and guarantees.
By way of background, implied warranties are primarily applied in two contexts in New York: (1) in the breach of contract for goods context; and, (2) where a product was not safe for its intended use, i.e., in the defective consumer products context (for more on the latter category, please see "How to Prove a Breach of ...