Which term refers to a promise or representation about goods that is part of the contract and creates an expectation that the goods will conform to that promise?

Which term refers to a promise or representation about goods that is part of the contract and creates an expectation that the goods will conform to that promise?

• A. Warranty
• B. Want
• C. World Wide Web
• D. Credit

Answer: (A)

A warranty is a promise about goods that becomes part of the contract and gives the buyer a reasonable expectation that the goods will meet that promise. This can be an express warranty, where the seller clearly states how the product will perform or what quality it should have, or an implied warranty, which arises by law from the nature of the sale or the seller’s position in the market. Implied warranties include merchantability (the goods are fit for their ordinary use) and fitness for a particular purpose (the seller knows the buyer has a specific use in mind and the goods must suit that use). If the goods don’t conform to the warranty, the buyer typically has remedies such as repair, replacement, refund, or damages, depending on the circumstances and applicable law. The other terms listed don’t describe a contractual promise about goods: they refer to unrelated concepts and don’t create the buyer’s expectation that the product will meet a stated standard.

A warranty is a promise about goods that becomes part of the contract and gives the buyer a reasonable expectation that the goods will meet that promise. This can be an express warranty, where the seller clearly states how the product will perform or what quality it should have, or an implied warranty, which arises by law from the nature of the sale or the seller’s position in the market. Implied warranties include merchantability (the goods are fit for their ordinary use) and fitness for a particular purpose (the seller knows the buyer has a specific use in mind and the goods must suit that use).

If the goods don’t conform to the warranty, the buyer typically has remedies such as repair, replacement, refund, or damages, depending on the circumstances and applicable law. The other terms listed don’t describe a contractual promise about goods: they refer to unrelated concepts and don’t create the buyer’s expectation that the product will meet a stated standard.