| A | B |
|---|
| Warranty | Another name for a guarantee |
| Express Warranty | Oral or written statement, promise, or other representation about the quality, ability or performance of a product. |
| Full Warranty | Promises to fix or replace a defective product at no charge to the consumer. |
| Limited warranty | Written warranty that does not meet the requirements of a full warranty. Examples - covers parts but not labor. |
| Implied Warranty | A guarantee of quality imposed by law. It is not in writing. |
| Warranty of Fitness | The seller warrants by implication that the goods will be fit for hte purpose for which they are to be used. The warranty exsists whether the seller is a merchant or a private party. |
| Privity of contract | Determines who can sue whom over a question of performance required by a contract. |
| Duty to notify | To succeed in a claim for breach of warranty, the buyer must satisfy his or her duty to notify. This duty requires the buyer to notify the seller within a reasonable time after a defect is discovered. |
