Indiana Disclaimer on Website of Express and Implied Warranties

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Description

Product liability based on a breach of warranty theory is a form of absolute or strict liability, and negligence need not be established. Injury or damages, a defective product and proximate causation are required elements of a breach of warranty action. A warranty may be said to be a promise by a manufacturer or a seller to stand behind a product. It is a statement about the integrity of the product and about the warrantor's commitment to correct problems if and when the product fails. The law recognizes two basic kinds of warranties: express and implied.


Express warranties are explicitly offered by manufacturers or sellers to their customers in the course of a sales transaction, amounting to promises and statements made about their products or about their commitment to remedy the defects and malfunctions that some customers may experience.


Implied warranties are unspoken, unwritten promises, created by state law, that go from a seller to his or her customer. Implied warranties are based on the common-law principle of "fair value for money spent." The two types of implied warranties that occur in consumer product transactions are the implied warranty of merchantability and the implied warranty of fitness for a particular purpose.

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FAQ

Express warranty is when it is explicitly stated either orally or in writing to guarantee for any products' or a service's quality or reliability. These promises include any representation of products, description of products/service or statements of facts.

The two main types are express and implied warranties. 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.

If a seller does not wish to be held to implied warranties, the seller may issue a disclaimer. A disclaimer is a renunciation of the promises contained in an implied warranty. Disclaimers are typically accomplished through conspicuous language regarding merchantability or "as is" language.

To disclaim the warranty of merchantability in the relevant agreement, the written contract must contain a conspicuous disclaimer that either: (1) expressly identifies merchantability or (2) includes an expression stating that the goods are sold as is or with all faults.

An implied warranty is an assurance that a product is fit for its intended purpose and meets the buyer's expectations. These implied warranties can be written or oral.

To disclaim implied warranties, the seller must inform the buyer in writing that the seller would not be liable if the product is defective or does not perform as the buyer believed it would.

An implied warranty is a legal term for the assurances that a product is fit for the purpose that it is intended and that it is merchantable, i.e., conforms to an ordinary buyer's expectations.

Four common types of warranties are the express warranty, implied warranty, extended warranty, and special warranty deed. An expressed warranty guarantees that a product will meet certain conditions of quality and performance. An implied warranty is a warranty that guarantees that the product will function as designed.

To disclaim implied warranties, the seller must inform the buyer in writing that the seller would not be liable if the product is defective or does not perform as the buyer believed it would.

A disclaim warranty is one in which the warranty document is letting the buyer know that the seller is not to be held to any promises or responsibilities regarding the product.

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Indiana Disclaimer on Website of Express and Implied Warranties