1 / 9

Warranties

Warranties. HOW EXCITED ARE WE!?!. Warranties. What is a warranty? What is the last thing you bought with a warranty? What is usually included in a warranty? Are they free? If not, what is usually a cost for them?. What is a warranty?.

velma
Télécharger la présentation

Warranties

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Warranties HOW EXCITED ARE WE!?!

  2. Warranties What is a warranty? What is the last thing you bought with a warranty? What is usually included in a warranty? Are they free? If not, what is usually a cost for them?

  3. What is a warranty? Promise made by seller about the quality or performance of specific goods of sale. Breach: Seller does not live up to the guarantees

  4. Express Warranty: Statement about the quality of the product made by the seller Ex. “This engine won’t need any new parts for at least 3 years.” Puffiing: A seller’s exaggeration “This snuggie will be warmer than anything you have ever owned.”

  5. Magnuson-Moss Warranty Act: Written warranties must: Disclose all terms in a single document Be stated in simple language Be made available before the sale Explain what is included

  6. Implied Warranty: Unwritten promise that a product will perform how it is expected (only by bona fidesellers) Warrant of merchantability: Warranty of fitness: Warranty of title:

  7. Disclaimer: an attempt to limit the seller’s responsibilities should anything go wrong with a product

  8. Is a warranty created in any of the following situations? What type and has it been broken? • Carlos sells Nick his used car and it breaks. The repair of the car is greater than the cost. • Alexasells Selina stolen diamond ring after telling her it was a gift from an ex boyfriend. • Isaiah sells Sieraa camera by telling her it will last for 8 years. It breaks after 8 months

  9. Will buys a new bedframefrom the store. One of the legs falls off 2 weeks after delivery. Where will he sleep? • Ashley orders a hardcover book from Borders for $12.95. When she receives it, it is paperback.

More Related