Implied Warranty

Definition - What does Implied Warranty mean?

Implied warranty refers to an assumption that goods or products being sold are merchantable. This means that they are usable as it is expected under normal circumstances unless they are sold as "as is" or as "second hand" goods.

Justipedia explains Implied Warranty

Under implied warranty, it is assumed that the goods sold are fit for the purpose they are used, will have no objection in trade, are adequately labeled, packaged and stored, and contain everything that is written on the label.

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