Express Warranty - Contract Law

The video tutorial explains the concept of a warranty in contract law, highlighting its role as an assurance that a representation will remain true for a specified time. It discusses how warranties are often associated with products, where manufacturers assure functionality for a certain period. The tutorial differentiates between express warranties, which are explicitly stated, and implied warranties, which are not written but assumed unless stated otherwise.

What is the primary role of a warranty in contract law?

• To offer a discount on future purchases

• To guarantee customer satisfaction

• To assure that a representation will remain true for a specified time

• To provide a refund for a product

How does a manufacturer typically fulfill a warranty if a product fails?

• By offering a full refund

• By replacing or fixing the product

• By providing a store credit

• By extending the warranty period

What distinguishes an express warranty from an implied warranty?

• An express warranty is more reliable than an implied warranty

• An express warranty is always verbal

• An express warranty is explicitly stated, while an implied warranty is not

• An express warranty is only valid for electronics

Which of the following is true about implied warranties?

• They are only applicable to services

• They are always written down

• They require a separate contract

• They exist unless specifically disclaimed

What is often implied with the sale of goods?

• A lifetime guarantee

• A warranty of fitness or merchantability

• A free service plan

• A money-back guarantee