MANAGEMENT

Detailed explanation-1: -Breach of warranty is defined as the violation of an express or implied contract of warranty, and thus it is a breach of contract. Essentially, it occurs when the warrantor fails to provide the assurance warranted. A seller can expressly or implicitly assure the buyer about the quality or title of an item sold.

Detailed explanation-2: -When a lawsuit is based on breach of warranty, it is considered a breach of contract lawsuit. There are three main types of breach of warranty products liability claims, which are express warranties, implied warranties of fitness, and an implied warranty of merchantability.

Detailed explanation-3: -A breach of contract happens when one party to a contract fails to honor their obligations. A breach of warranty is a specific form of contract breach where the seller’s guarantees about the product are false.

Detailed explanation-4: -There are two types of warranty; express warranties and implied warranties, including merchantable warranties and warranties of fitness.