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implied warranty

   Also found in: Legal, Wikipedia 0.03 sec.
Translations
implied warranty
n (US Jur) → konkludente Zusicherung (spec) (stillschweigende Zusage der Freiheit von Mängeln)


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A housing merchant implied warranty may be excluded or modified b the builder or seller of a new home only if the buyer is offered a limited warranty in accordance with the provisions of the law.
The Uniform Commercial Code (UCC), a model law that virtually all states have enacted and covers all commercial transactions, contains the implied warranty provisions.
But this reimbursement obligation was tempered by another important marine risk-management assumption--the insured's implied warranty that the insured vessel is "seaworthy.
 
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