Ask Question
BusinessBusiness
3 May, 04:45

What is guaranteed by an implied warranty for all products?

+3
Answers (1)
  1. 3 May, 08:22
    0
    Performance of a product or service as expected.

    Explanation:

    -An implied warranty is the unwritten guarantee that a product or service will work as expected.

    -A product / service must always work to the level represented by the seller or exceed that level.

    -If a product or service fails to conform to this threshold, a buyer might decide to retun under its implied warranty of fitness.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is guaranteed by an implied warranty for all products? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Cone Corporation is in the process of preparing its December 31, 2021, balance sheet. There are some questions as to the proper classification of the following items: $65,000 in cash restricted in a savings account to pay bonds payable.
Answers (1)
JKL Insurance Company estimates that 14 out of every 100 homeowners it insures will file a claim each year. Last year, JKL insured 200 homeowners. According to the law of large numbers, what should happen if JKL insures 2,000 homeowners this year? a.
Answers (1)
A flower shop makes a large sale for $1,000 on November 30. The customer is sent a statement on December 5 and a check is received on December 10. The flower shop follows GAAP and applies the revenue recognition principle.
Answers (1)
Can average labor productivity fall even though total output is rising? Can the unemployment rate rise even though total output is rising?
Answers (1)
You can buy life insurance for anyone. True or false
Answers (2)
New Questions in Business
Ane eyring works for pharmameds, inc. jane is a physician-scientist who is responsible for running the pilot tests on pharmamed's new oral spray medication for individuals with adult onset diabetes.
Answers (1)
2. Liquidity Consider the relative liquidity of the following assets: Assets 1. The funds in a savings account 2. A bond issued by a publicly traded company 3. A $5 bill 4.
Answers (1)
Trimble Graphic Design receives $1,800 from a client billed in a previous month for services provided. Which of the following general journal entries will Trimble Graphic Design make to record this transaction?
Answers (1)
Conflict in organizations Select one: a. can serve as an opportunity for growth. b. often has negative consequences, and therefore must be managed carefully. c. can clarify relationships and provide new ways to think about issues. d.
Answers (1)
Stockholders' Equity Section of Balance Sheet The following accounts and their balances appear in the ledger of Goodale Properties Inc.
Answers (1)
Home » Business » What is guaranteed by an implied warranty for all products?
Sign Up Forgot Password?