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What the warranty entails: Replacement, repair, or complete refund (and whether the customer must pay for shipping or other costs) The length of time the warranty covers the product from the date of purchase. What the warranty does not cover (such as damage caused by improper or illegal use)

A "full warranty" promises the consumer that the manufacturer or seller will repair the item for free during the warranty period. If the company can't fix the problem in a reasonable number of attempts and in a reasonable amount of time, it has to give the consumer a refund or replace the item.

Limited Warranty Often, it covers just the parts and not the labor required to fully fix something. A limited warranty also may include the stipulation that the manufacturer and the consumer split the cost of repairs for a given period of time. Typically, both limited and full warranties cost extra as an add-on.

"Full Warranty" means the coverage meets the federal minimum standards for comprehensive warranties, while "Limited Warranty" means the coverage does not. You must be able to demonstrate that any duties you impose are reasonable.

"Full Warranty" means the coverage meets the federal minimum standards for comprehensive warranties, while "Limited Warranty" means the coverage does not. You must be able to demonstrate that any duties you impose are reasonable.

Under the implied category are three major subtypes: the implied warranty of merchantability (only given by merchants), the implied warranty of fitness for a particular purpose, and the implied warranty of title.

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.