|
End Tables
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. more...
Home
Antique Furniture
Bedroom Furniture
Children's Furniture
Dining Room Furniture
Kitchen Furniture
Living Room, General...
Bean Bags, Inflatables
Benches
Bookcases
CD, Video Racks
Chairs
Chests, Cabinets
Entertainment Ctrs, TV...
Futons, Futon Covers
Occasional Tables
Card & Game Tables
Coffee Tables
Console, Sofa Tables
End Tables
Other Tables
Table Sets
Tray Tables
Other Furniture
Ottomans, Footstools
Sofas, Loveseats
Trunks
Nursery Furniture
Office
Office Furniture
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.
Fitness for a particular purpose
An implied warranty of fitness for a particular purpose, sometimes referred to simply as a warranty of fitness, is a warranty implied by law that if a seller knows or has reason to know of a particular purpose for which some item is being purchased by the buyer, the seller is guaranteeing that the item is fit for that particular purpose. This differs from a warranty of merchantability in two ways:
First, the warranty of fitness applies to all sellers, not just professional merchants; and;
Second, the warranty of fitness requires the seller to know or have reason to know of a specific purpose to which the property sold is going to be put.;
For example, if Joey buys four end-tables from Susan (a non-merchant) and then uses them to prop up his car while he works on the muffler, Susan is not liable for any injury that occurs to Joey - unless Joey told Susan that he was buying the end-tables for that purpose.
The implied warranty of fitness is described in US law by Article 2, Section 315 of the Uniform Commercial Code.
Merchantability
An implied warranty of merchantability is a warranty implied by law that if a merchant (meaning someone who makes an occupation of selling things) sells something, that merchant is guaranteeing that the goods are reasonably fit for the general purpose for which they are sold. To be merchantable (salable), goods must meet the following conditions: 1). The goods must conform to the standards of the trade as applicable to the contract for sale. 2). They must fit for the purposes such goods are ordinarily used, even if the buyer ordered them for use otherwise. 3). They must be uniform as to quality and quantity, within tolerances of the contract for sale. 4). They must be packed and labeled per the contract for sale. 5). They must meet the specifications on the package labels, even if not so specified by the contract for sale. This warranty will apply to one who is a merchant and regularly deals in the type of merchandise sold. If the merchandise is sold with an express "guarantee", the terms of the implied warranty of merchantability will fill the gaps left by that guarantee. If the terms of the express guarantee are not specified, they will be considered to be the terms of the implied warranty of merchantability.
Read more at Wikipedia.org
|
|