Sales Agreement Warranty

An explicit warranty is a warranty in which the seller expressly guarantees the quality of the goods or services sold. As a rule, the supplier provides a declaration or any other binding document as part of the sales contract. In practice, this means that the buyer has entered into the contract under the reasonable assumption that the quality, nature, character, purpose, performance, condition, use or capacity of the goods or services are identical to those of the seller. Therefore, the sales contract is based in part on the agreement that the goods or services provided by the seller correspond to the description or to a model made available. This guarantee ensures that the target company has effective insurance and that all premiums have been paid. .

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