Question 1 Different types of warranties when you pay something ? Implied warran

Question

Question 1

Different types of warranties when you pay something ?

Implied warranty ?

Explicit warranty ?

Ex. If you return a laptop to Best Buy ?

Question 2

Stepts to buy a house ?

Question 3

Which factors does affect the price of property insurance ?

Question 4

The 2 differents types of bankrupty ?

Chapter 7 and 13

Question 5

The different types of mortages:

15 years vs 30 years

ARM ?

Adjustable ?

Reversible ?

Question 6

The 3 methods of calculatory life insurance coverages ?

Question 7

Explain:

Property damage liability

Collision coverage

Comprehensive damage coverage.

Explanation / Answer

1) The two types of warranties are implied and express warranties.
Implicit warranty- This type of warranty provides the base level protection for consumers on the goods they buy and this also covers most consumer goods that are valued over a certain amount. It is a contract that provides assurances about certain services of a product to a consumer who buys them.
Express warranties - This warranty is more of a contract agreement between the seller or dealer of the product and the buyer. It is more of a written agreement which is given to the buyer, which gives the buyer replacemennt or repair of the product over a particular lifespan or time.

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.