This sales contract is an agreement between a buyer and seller covering the sale and delivery of equipment and accessories. Equipment is defined by the Uniform Commercial Code as goods that are bought for or used in a business enterprise and that are not inventory, farm products, or consumer goods. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Alaska Agreement for Sale of Yogurt Maker with Express Warranties
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Multi-State
Control #:
US-01752BG
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Word;
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How to fill out Agreement For Sale Of Yogurt Maker With Express Warranties?
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FAQ
An express warranty is one that is clearly stated (or "expressed") either verbally or in writing, while an implied warranty automatically covers most consumer goods valued over a certain amount, but only provides a base level of protection for consumers.
Express warranties are created when a seller or lessor states orally, in writing, or through inferences that the goods meet a certain standard of quality, performance, or condition. No formal words are necessary to create an express warranty. Sellers and lessors are not required to make warranties.
The warranty assures the buyer that the good or service is free from defects, and it is a legally binding commitment. In the event that the product or service fails to meet the standards set out in the warranty, then the contract provides a specific remedy, such as a replacement or repair.
An express warranty is one that is clearly stated (or "expressed") either verbally or in writing, while an implied warranty automatically covers most consumer goods valued over a certain amount, but only provides a base level of protection for consumers.
A warranty is a promise that goods sold will meet stated standards of performance. A contractual obligation (and associated legal liability) is created when a manufacturer or seller provides a warranty and a buyer relies on the warranty in making his or her purchase decision.
An express warranty by a seller is created by: Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.
Requirements for Express Warranty A statement must be made by the seller about the product/service being offered, giving the buyer a description of the product/service or by providing the buyer with a sample of the product/service.
An express warranty by a seller is created by: Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.
Put simply, a warranty is a contractual statement of fact made by the warrantor to the warrantee which is usually contained in a share or asset purchase agreement. Warranties often take the form of assurances from the seller as to the condition of the target company or business.
Express warranties are created when a seller or lessor states orally, in writing, or through inferences that the goods meet a certain standard of quality, performance, or condition. No formal words are necessary to create an express warranty.