BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -There are two types of warranty; express warranties and implied warranties, including merchantable warranties and warranties of fitness.

Detailed explanation-2: -There are many types of implied warranties including an implied warranty of merchantability, an implied warranty of fitness, an implied warranty of habitability (for a lease), and an implied warranty of marketability (for the sale of real property, also known as a marketable title).

Detailed explanation-3: -"Full Warranty” means the coverage meets the federal minimum standards for comprehensive warranties, while “Limited Warranty” means the coverage does not. You must be able to demonstrate that any duties you impose are reasonable.

Detailed explanation-4: -An extended warranty is different from a manufacturer warranty. It offers additional coverage on the product. It always extends the time frame of coverage, but will often cover different product parts and damages than the manufacturer warranty.