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Adam explains that today's lesson will focus on business words commonly used in shopping, including warranty, guarantee, refund, rebate, exchange, and credit. He highlights the importance of spelling, specifically reminding viewers not to forget the 'u' in guarantee to avoid losing points on exams. Adam clarifies the differences between warranty and guarantee, emphasizing that while they are somewhat similar, there are distinctions to understand. The tutorial aims to provide comprehension of these terms and their usage.