GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:40 Nov 14, 2006 |
Italian to English translations [PRO] Law/Patents - Law: Contract(s) / licence | |||||||
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| Selected response from: silvia b (X) Local time: 22:09 | ||||||
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3 +4 | warranty of merchantability and fitness |
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warranty of merchantability and fitness Explanation: In common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale of products or real property, due to the circumstances of the sale. These assurances are characterized as warranties irrespective of whether the seller has expressly promised them verbally or in writing. They include an implied warranty of fitness for a particular purpose, an implied warranty of merchantability for products, and an implied warranty of habitability for a home. http://en.wikipedia.org/wiki/Implied_warranty |
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