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    Warranty VS Guarantee

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    romancyy
    Guarantee provides for repair or replacement of defective products while warranty only provides for repair. A guarantee can apply to products, services, and people but a warranty only applies to products. A guarantee may or may not be a condition of sale whereas a warranty is always a condition of sale. A guarantee can be oral or written but a warranty must be written, making it easier to prove. A guarantee is free of cost while the buyer pays for a warranty. A guarantee term varies while a warranty term is usually long.

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    Warranty VS Guarantee

    Uploaded by

    romancyy
    11 views2 pages
    Guarantee provides for repair or replacement of defective products while warranty only provides for repair. A guarantee can apply to products, services, and people but a warranty only applies to products. A guarantee may or may not be a condition of sale whereas a warranty is always a condition of sale. A guarantee can be oral or written but a warranty must be written, making it easier to prove. A guarantee is free of cost while the buyer pays for a warranty. A guarantee term varies while a warranty term is usually long.

    Original Description:

    WARRANTY VS GUARANTEE

    Original Title

    WARRANTY VS GUARANTEE

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    © © All Rights Reserved

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    Guarantee provides for repair or replacement of defective products while warranty only provides for repair. A guarantee can apply to products, services, and people but a warranty only applies to products. A guarantee may or may not be a condition of sale whereas a warranty is always a condition of sale. A guarantee can be oral or written but a warranty must be written, making it easier to prove. A guarantee is free of cost while the buyer pays for a warranty. A guarantee term varies while a warranty term is usually long.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    11 views2 pages

    Warranty VS Guarantee

    Uploaded by

    romancyy
    Guarantee provides for repair or replacement of defective products while warranty only provides for repair. A guarantee can apply to products, services, and people but a warranty only applies to products. A guarantee may or may not be a condition of sale whereas a warranty is always a condition of sale. A guarantee can be oral or written but a warranty must be written, making it easier to prove. A guarantee is free of cost while the buyer pays for a warranty. A guarantee term varies while a warranty term is usually long.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Basis for

    Guarantee Warranty
    Comparison

    Guarantee means repair or if Warranty means repair but no


    Meaning repair not possible then commitment on replacement of the
    replacement product

    What is it? Commitment Assurance

    Applicable to Product, service and persons. Product only.

    Subsidiary condition of sale,


    May or may not be a condition
    Condition of sale which may be expressed or
    of sale
    implied.

    It is generally written and so it is


    Validity It can either be oral or written.
    easy to prove.

    Cost Free of cost The buyer has to pay for warranty.


    Basis for
    Guarantee Warranty
    Comparison

    Term Varies from item to item Long term

    Money back (in case


    Yes No
    of default)

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