_____ is an oral or written statement, promise, or other representation about the quality of a product.
A contract is a voluntary arrangement between two or more parties that is enforceable by law as a binding legal agreement. Contract is a branch of the law of obligations in jurisdictions of the civil law tradition. No matter which state you live in, or how well you know your attorney, you should always enter into a written representation agreement (sometimes called a fee agreement) with your lawyer. These contracts normally set out the terms of the attorney-client relationship as well as the fees and compensation that the attorney is due. • Terms are to be distinguished from statements made prior to the. contract being made. Two main types of statement: – A representation about a state of affairs, or. – A promise that something will or will not occur in the future. • Either type of statement can become a term of the contract, whether or. not they are oral or written, or partly oral and partly written. n. a written statement of good quality of merchandise, clear title to real estate, or that a fact stated in a contract is true. An express warranty is a definite written statement and implied warranty is based on the circumstances surrounding the sale or the creation of the contract. Oral representation agreements may be subject to different interpretations, depending upon the side. However, a written representation agreement makes both attorney and client explicitly aware of the terms and scope of the contract. A bilateral contract is an agreement in which each of the parties to the contract makes a promise or set of promises to each other. For example, in a contract for the sale of a home, the buyer promises to pay the seller $200,000 in exchange for the seller's promise to deliver title to the property. There are other reasons (unrelated to money) to have a written representation agreement. For instance, if you only want licensed attorneys work on your case, and not paralegals, then this can be put in the terms of the contract. If a new or used consumer product comes with an express written warranty, you have the right to rely on what it says. The express warranty may be the seller's written description of the product that you relied on when deciding to purchase it (for example, a promise that a car is defect free). Understand the different types of warranty claims that might apply to your defective product claim. In simplest terms, a warranty is a promise by the manufacturer or seller of a product that the product is of a certain quality or that they will repair the product for a stated period of time. The manufacturer or seller is legally obligated to live up to its promise if the product turns out to have a defect that's covered by the warranty. A contract arises when the parties agree that there is an agreement. Formation of a contract generally requires an offer, acceptance, consideration, and a mutual intent to be bound. Each party to a contract must have capacity to enter the agreement.
Express warranty