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There are many types of implied warranties including an implied warranty of merchantability, an implied warranty of fitness, an implied warranty of habitability (for a lease), and an implied warranty of marketability (for the sale of real property, also known as a marketable title).
For example, if you tell a salesman you want a saw for cutting metal and it turns out it wont cut through metal, you may return the item under the implied warranty of fitness. With the warranty of fitness, the good or product works fine, but it does not meet the buyers intended use.
For example, if you tell a salesman you want a saw for cutting metal and it turns out it wont cut through metal, you may return the item under the implied warranty of fitness. With the warranty of fitness, the good or product works fine, but it does not meet the buyers intended use.
Statutory warranties for used cars are valid for three months or 5,000 kilometres from the date of purchase. Manufacturers new car warranty. Every new vehicle is covered by a manufacturers warranty. The standard length of a manufacturers new car warranty is three years or 100,000 kilometres.
The implied warranty of merchantability means the goods are merchantable and conform to a reasonable buyers expectations. Most consumer products have an implied warranty of merchantability. This warranty makes the assumption that a good or product works for its intended purpose.
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An implied warranty of merchantability is defined in U.C.C. 2-314. U.C.C. 2-314(1) states that unless excluded or modified, a warranty that goods shall be merchantable is implied in a contract for sale if the seller is a merchant with respect to goods of that kind.
A consumer has the right to return his car for a refund within 18 months if it has problems not disclosed by the seller. These problems may have led to the necessity for repairs or to the general annoyance and inconvenience of the buyer.
An implied warranty of merchantability on a used product is a promise that it can be used as expected, given its type and price range. As with new merchandise, implied warranties on used merchandise apply only when the seller is a merchant who deals in such goods, not when a sale is made by a private individual.
Often, your warranty will be quoted with a length of time and a mileage. For example, a 3-year/36,000 mile warranty means that you are covered for three years from the date of purchase or 36,000 miles whichever comes first.
The main difference is that warranties are included in the purchase price and service contracts cost extra. Service contracts, also known as extended-warranties, can vary greatly and may not be worth the extra money.

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