Sales Law Terms Formation Title Risk of Loss Warranty In a

Sales Law: Terms, Formation & Title; Risk of Loss & Warranty- In about 500 words, please explain the different types of Warranties under Sales Law.

Solution

A warrant is legally enforceable mandate that the facts and representations of the product is true. Warranty would enforce a mandate that the product performs and meets certain criteria.

There are two types of warranties under Sales Law :

Express Warranty : If a seller expressly makes an affirmation of certain facts and features of the product at the time of selling it is called as Express Warranty.For example if the seller says, that the Geyser is ISI marked at the time of selling, it is express warranty.

Implied Warranty : The law implies certain warranty even if the express warranty is not given.

a) Implied Warranty of merchantibility :Warranty is implied that the product is fit for the ordinary purpose for which the goods is used. For example, If the seller sells the geyser, it is implied that the geyser will heat the water for which it is purchased and used.

b) Implied warranty of fitness for a particular purpose : Warranty is implied if the buyer mentions the seller the particular purpose for which he is purchasing the goods and relies on the judgement and skills of the selelr in showing the product whcih is appropriate for the purpose. For example,if a buyer says that he is looking for a hand grinder which will chop the vegetables finely.It is implied that seller would show only those grinders to the buyer which will serve the required purpose.