Question

What is a warranty?

A promise to replace or refund if a product does not meet some standard
Expressly implied
A guarantee that expires
A promise to deliver a repair or remediation service if required during a stated period of a product's usage

Answer 1

A warranty is a promise made by a seller to fix or replace a product if it fails to meet certain standards. It is an express guarantee that includes repair or remediation services within a specified period of time.

Step-by-step explanation:

A warranty is a promise made by a seller to fix or replace a product if it fails to meet certain standards. It is an expressly implied guarantee that ensures the customer's satisfaction. A warranty also includes a promise to provide repair or remediation services within a specified period of time. For example, when you purchase a car, the manufacturer may offer a warranty that covers any mechanical issues for three years or 36,000 miles.