The Warranty Clauses form, to have and to hold, subject to the terms, exceptions, and other provisions set out in this Assignment, the “assets” unto assignee, its successors and assigns, forever, however the assignments and conveyances made by this assignment are made without warranty.
Wisconsin Warranty Clauses are legal provisions included in contracts that govern the warranty rights and responsibilities of parties involved in a trade or sale transaction within the state of Wisconsin. These warranty clauses outline the terms and conditions associated with product warranties, providing specific rights and remedies for consumers and businesses. In Wisconsin, there are two primary types of warranty clauses frequently encountered: 1. Implied Warranty: Under Wisconsin law, there are two types of implied warranties that may apply to a transaction: the warranty of merchantability and the warranty of fitness for a particular purpose. — Warranty of Merchantability: This implied warranty guarantees that a product is reasonably fit for the ordinary purposes it is intended to be used for. In other words, it ensures that the product is of acceptable quality and meets the general expectations of consumers. — Warranty of Fitness for a Particular Purpose: This implied warranty arises when a seller knows or has reason to know that a buyer is relying on the seller's expertise or advice in selecting a product suitable for a specific purpose. The seller then assumes the responsibility that the product will serve that purpose. 2. Express Warranty: Unlike implied warranties, express warranties are explicitly provided by the seller, either verbally or in writing, and outline specific assurances about the product's performance, quality, or attributes. Express warranties can take various forms, such as product labels, brochures, advertisements, or written statements by the seller. These warranties may outline the coverage period, limitations, and options for resolving warranty issues. It is worth mentioning that Wisconsin law governs both the creation and enforcement of warranty clauses. Sellers and consumers need to familiarize themselves with the specific requirements and limitations outlined in Wisconsin Statutes Chapter 402 to ensure compliance and protection of both parties' rights. In cases of warranty claims or disputes, it is advisable to consult legal counsel or dispute resolution mechanisms available under state law.
