Implied Warranty
/ɪmˈplaɪd ˈwɒrənti/
Definitions
- (n.) A warranty that is not expressly stated but is legally presumed to apply to a sale or contract, guaranteeing basic standards of quality and fitness.
The implied warranty of merchantability ensures that goods sold are fit for ordinary use.
Forms
- implied warranties
Related terms
See also
Commentary
Implied warranties arise by operation of law rather than explicit agreement, often protecting buyers in sales transactions even without explicit terms.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.