BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -(1) Express warranties by the sellerare created as follows: (a) Any affirmation of fact or promise made by the seller to the buyer which relates to the goodsand becomes part of the basis of the bargain creates an express warranty that the goods shall conform to the affirmation or promise.

Detailed explanation-2: -An “express” warranty by a seller is created by: Any statement of fact or promise relating to the goods sold which becomes part of the basis of the bargain between the parties, creating a warranty that the goods will conform to the statement or promise.

Detailed explanation-3: -An express warranty is a warranty as to the condition, quality, or nature of a good or property intentionally and clearly stated to the other contracting party.

Detailed explanation-4: -Express warranties are created by the conduct of the seller. That conduct, if it is “part of the basis of the bargain, ” includes statements ("affirmations") of fact or promises relating to the goods, descriptions of the goods, or the use of a sample or model of the goods.

Detailed explanation-5: -A disclaimer of warranty aims to protect your business from financial or legal implications from the distribution of faulty products or information. Companies also use it to inform consumers that there are limitations to the agreement covering your product after purchasing.