a life time warranty contract is, a type of warranty that requires the full co-operation from both parties and will last a "lifetime" (usually 25 years depending on the product it is possible to go up to 50 but tat is not too likely).
What is the difference between full warranty and a limited warranty?
Full warranty means life time warranty of that product and limited warranty means warranty for a limited time. ...
Do you include warranty charges on the initial cost of a fixed asset?
Include the cost of extended maintenance/warranty contracts in the asset valuation if the contract is purchased at the same time (or soon thereafter) as the capital asset. Depreciate these contracts over the useful life of the asset not the the contract life. Do not capitalize payments for contracts not purchased at the same time as the capital asset. ...
Asked in Contract Law
What is the difference of a condition in a contract and a warranty?
A contract is between 2 people or companies that agree to do something while a warranty covers an object (Like a clock or radio) for a length of time guaranteeing that the object will work properly in that length of time or be replaced free of charge. ...
What watch company offers a lifetime warranty?
The Quartz brand offers a life-time warranty.
Can you tell me a brand of power tools that has life time unlimited warranties?
The Sears: Craftsman has a life time warranty.
What warranty comes with life fitness treadmills?
Life Fitness treadmills have a lifetime warranty on their frame but only a 10 year warranty on the motor and 5 years on anything electrical. You will get 1 year warranty on labor after that it will cost you for repair but not the certain parts if they are in their time frame on the warranty. ...
Which company offers the best warranty on heating ac units?
Amana Air Conditioners come with a life-time warranty. Some other companies offer limited life-time warranties, and most other companies only warranty their products for a decade. ...
What car alarm has the best warranty?
One can easily find out companies which can install car alarm with life time warranty. ...
Is Craftsman the only tool company that offers a life time warranty?
no, craftsman is not the only company to offer a lifetime warranty
Asked in Local Laws
Why is a warranty different to a condition of a contract?
warranty and condition are the same basic idea... they both lay out rights and duties for all parties in the contact, and also compensate other party if one party breackes the contract. the only difference is that condition allows for recission of contract (or setting aside the contract) and warranty does not. hope this helps! brie CO ...
Asked in Business Law, The Difference Between
Difference between warranty and condition?
Condition A condition is a term (oral or written) which goes directly 'to the root of the contract', or is so essential to its very nature that if it is broken the innocent party can treat the contract as discharged. That party will not therefore be bound to do anything further under that contract. Warranty A warranty is e term of the contract which is collateral or subsidiary to the main purpose of the contract. It is therefore not so vital as to affect...
Do all trimmers come with a life time warranty ?
Most trimmer,carry a 1 year warranty againt malfunction and defects.
How long is the warranty on most car alarms?
several companies offer a life-time warranty It is normaly good for one year. ...
Asked in The Difference Between
What is the difference between a breach of warranty and a breach of a condition?
A warranty is less important than a condition and does not impact on the main purpose of the contract. A breach of a warranty entitles the injured party to claim for damages ONLY. They may not repudiate the contract. A condition is a major term that goes to the root of the contract. Such term is essentials to the main purpose of the contract and therefore the injured party is entitled to repudiate the contract as well as make a claim...
When a used car dealer give you a service contract can they say the car was sold as-is?
Dealer is selling you the car AS-IS. They are then selling you a service contract from a different company thus the dealer is not the one providing a warranty the service contract provider is the one providing a warranty. ...
Which companies offer life time warranties on their power tools?
Palm Detail has lifetime warranty.
Asked in Business Law
When condition to be treated as warranty?
(1) Where a contract of sale is subject to any condition to be fulfilled by the seller, the buyer may waive the condition or may elect to treat the breach of such condition as a breach of warranty and not as a ground for treating the contract as repudiated.(2) Whether a stipulation in a contract of sale is a condition the breach of which may give rise to a right to treat the contract as repudiated, or a warranty the breach...