answersLogoWhite

0


Best Answer

A warranty is general coverage on the product that covers most things that could cause the product to stop working. It is good for a specific amount of time. It is there primarily to show the customer that their product is in good condition when they acquire it, and if something happens while the product is still relatively new, they will not be out their money. A warranty usually only offers repairs or replacement of a faulty product or parts within that product. You cannot expect to return the product and get your money back.

A guarantee is more of a good will statement that whatever service or product a person or company has provided to their customer will meet their customer's approval. A guarantee may or may not have a time limit attached. Guarantees usually are more open-ended than a warranty, not as many rules attached. If the product or service provided to the customer does not satisfy the customer, and meets the terms of the guarantee, the customer can expect to refund of money or an exchange of one product for another.

"Warranty" and "guarantee" are variant spellings of the same word which means a contractual promise by a seller collateral to a sale. The nuances explained above are a recent development, but either way, warranties or guarantees are enforceable by law.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the diffence between guarantee and warantee?
Write your answer...
Submit
Still have questions?
magnify glass
imp