_____ is an oral or written statement, promise, or other representation about the quality of a product.
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Breach of Warranty Cases in Small Claims Court 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).
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- That's where the notion of offering an express or explicit warranty – where you specify exactly what you are guaranteeing your customer – comes in. An example of this is when an automobile manufacturer offers a 10-year or 100,000 mile guarantee. While there are certain standards for big consumer purchases like cars and appliances, you can sometimes use a variation – like a lifetime guarantee – as a way to set you apart from your competition.
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- The details of the contract who, how, what, how. much, how many, when, etc. are called its provisions or terms. In order for a promise to qualify as a contract, it has to be supported by the exchange of. something of value between the participants or parties.
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Value proposition Developing a value proposition is based on a review and analysis of the benefits, costs and value that an organization can deliver to its customers, prospective customers, and other constituent groups within and outside the organization.rom Wikipedia, the free encyclopedia. A value proposition is a promise of value to be delivered and acknowledged and a belief from the customer that value will be delivered and experienced. A value proposition can apply to an entire organization, or parts thereof, or customer accounts, or products or services.
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- From Wikipedia, the free encyclopedia. A value proposition is a promise of value to be delivered and acknowledged and a belief from the customer that value will be delivered and experienced. A value proposition can apply to an entire organization, or parts thereof, or customer accounts, or products or services.Creating a value proposition is a part of business strategy. Kaplan and Norton say Strategy is based on a differentiated customer value proposition.rom Wikipedia, the free encyclopedia. A value proposition is a promise of value to be delivered and acknowledged and a belief from the customer that value will be delivered and experienced. A value proposition can apply to an entire organization, or parts thereof, or customer accounts, or products or services.
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- Quality: Quality is the measure of excellence or the standard, which defines the degree of the excellence of the product or service. Comment(0) Chapter , Problem is solved.
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DEFINITION of 'Oral Contract' DEFINITION of 'Oral Contract'. A type of business agreement that is spoken, not memorialized in writing. Although it can be difficult to prove the terms of an oral contract in the event of a breach, this type of contract is legally binding. Next Up.
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Guarantee For other uses, see Guarantee (disambiguation). Guarantee is a legal term more comprehensive and of higher import than either warranty or security. It most commonly designates a private transaction by means of which one person, to obtain some trust, confidence or credit for another, engages to be answerable for him.
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Breach of Warranty 1 A:Yes. A warranty is a contract that commits the manufacture, manufacturer, to stand behind the product.  A:Customers will always receive the basic protection of the implied warranty of merchantability and the implied warranty of fitness for a particular purpose.
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Franchises (a) An agreement, expressed or implied, oral or written, by which: (i) A person is granted the right to engage in the business of offering, selling, or distributing goods or services under a marketing plan prescribed or suggested in substantial part by the grantor or its affiliate;
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Define: Actual Product Define: Actual Product. is a consumable product, which can also be a service or idea a customer is purchasing. Contrary to the overall consumer perception of a product there are actually three different levels which include the core, actual and the augmented product. The core product is also known as an added value benefit or what the actual product’s value to the consumer may be.
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- In developing products and services, quality assurance is any systematic process of checking to see whether a product or service being developed is meeting specified requirements.
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- Products/services that are produced and manufactured to specifications that are appropriate to the price (money to be given in exchange by the customer) of the product/service is an operational or manufacturing view of quality. Here, the customer receives the value that he or she expects since operations has built quality standards into the product ...
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guarantee a promise or assurance, especially one in writing, that something is of specified quality, content, benefit, etc., or that it will perform satisfactorily for a given length of time: a money-back guarantee. 2. an assurance that another’s obligation will be fulfilled, or something presented as such security; guaranty (defs 1, 2). 3. something that assures a particular outcome or condition: Wealth is no guarantee of happiness.
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- DEFINITION of 'Implied Warranty'. Under a sales contract, whether written or oral, there is a guarantee that the item sold is merchantable and fit for the purpose intended.This guarantee arises by operation of law and is in addition to any expressed warranties that are provided at the time of sale.REAKING DOWN 'Implied Warranty'. Most products you buy do not come with a written warranty. For example, when you go to the supermarket, you assume that the stocked items are fresh and edible. This is especially important when the food is prepackaged and you can't visibly inspect it.
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Tag: Staple goods and impulse goods are examples of which type of consumer good? Quality Assurance. 1  We guarantee high quality, original, and unique papers. 2  All papers are delivered far before the specified deadline. 3  We have a balance of good prices and good quality custom writing. 4  Money-back guarantee is very effective in our company.
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Difference Between Guaranty and Guarantee On the other hand, guarantee is mostly used in the contexts of consumer products in the shape of a manufacturer promising for the quality of the product and agreeing to change the product if it turns out faulty in a short period of time. The difference between the two words guaranty and guarantee, it seems is minimal. Both can be used interchangeably. • The promise we give to fulfill a legal obligation by paying the debt of another if that person fails to do so. • A promise someone gives to carry out some kind of an action.
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- 15 Express Warranties Warranties are “creatures of contract.” 16 At its most basic level, a warranty is an assurance by one party of the existence of a fact upon which the other party may rely and a promise to indemnify the promisee for any loss if the fact warranted proves untrue.
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- Whether a statement is a term of a contract is important because only if a promise is a term of the contract can a party sue for the breach of the contract.
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What does QUALITY mean to you? â WQM A CONTINUOUS FLOW BETWEEN THE TWO.* Imtiaz Jewel: Quality simply means delivering to the customer what they expected. Thus, for example, if a product has the right configuration/features, does what it's supposed to do, is reliable, is delivered on-time, and is well-supported, then. . . it's a quality product!
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- 1 Get Starbound Server Up & Running: Obviously you'll need to get the game up and running. 2  You can find the starbound_server.exe in your Starbound install directory. 3  If you're having problems, you can right click the game in Steam, go into to properties, and then browse local files to find your install directory. Once you have the game loaded, click Multiplayer in the main menu​. 2  Hosting and Joining: To host a game, launch the server application and make sure port 21025 TCP is forwarded to your local IP. 3  When trying to give your IP to your friends, don't give them your local IP, instead use the IP from WWW.whatsmyIP.org.
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Why Keeping Your Promise is Good for YOU Just so we are clear, a promise, as defined by Merriam-Webster Dictionary, is: a declaration that one will do or refrain from doing something specified; or a legally binding declaration that gives the person to whom it is made a right to expect or to claim the performance or forbearance of a specified act..
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quality Related Terms. In manufacturing, a measure of excellence or a state of being free from defects, deficiencies and significant variations. It is brought about by strict and consistent commitment to certain standards that achieve uniformity of a product in order to satisfy specific customer or user requirements.
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The Law of Contracts Generally, an agreement to be responsible for all damages arising from the falsity of a statement or the failure of an assurance. With respect to a contract for sale of goods, a promise, either express or implied by law, with respect to the fitness or merchantability of the article that is the subject of the contract.
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Warranty A warranty may be express or implied, depending on whether the warranty is explicitly provided (typically written) and the jurisdiction. Warranties may also state that a particular fact is true at one point in time or that the fact will be continue into the future (a promissory or continuing warranty).he most common kind of warranty on goods is a warranty that the product is free from defects in materials and workmanship. This simply promises that the manufacturer properly constructed the product, out of proper materials. This implies that the product will perform as well as such products customarily do.
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promise Definition of promise. 1  1a : a declaration that one will do or refrain from doing something specifiedb : a legally binding declaration that gives the person to whom it is made a right to expect or to claim the performance or forbearance of a specified act.