Final answer:
The statement about implied warranties being the same worldwide is false, as they can differ by country and depend on local consumer protection laws despite not being formal agreements.
Step-by-step explanation:
The statement that implied warranties are the same worldwide is false. Implied warranties are not formal agreements and can vary significantly from one country to another. In the United States, an implied warranty often means that a product is fit for the ordinary purposes for which such products are used, whereas in the UK, it might be covered under terms like 'satisfactory quality' or 'fit for purpose' as specified by UK consumer law. Despite the lack of a formal agreement, implied warranties are inherently legal bindings that sellers implicitly agree to when they sell a product within respective jurisdictions.
While the concept of an implied warranty does exist in different legal systems, the specific expectations and legal remedies available can differ. For instance, under UK law, consumers have various rights under the Consumer Rights Act 2015 which may not have exact counterparts in US law. Furthermore, practices such as 'Caveat emptor' indicating 'let the buyer beware', remind consumers that they also bear some responsibility for their purchases.