trade warranty

trade warranty
noun or trading warranty
: a warranty in a marine insurance policy restricting the use of an insured ship to the type of cargo, the service (as the lake trade), and sometimes the season for which it was designed

Useful english dictionary. 2012.

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  • warranty — war·ran·ty / wȯr ən tē, wär / n pl ties [modification (influenced by warrant ) of Anglo French garantie, from garantir to protect, warrant] 1: a promise in a deed that gives the grantee of an estate recourse (as through an action for damages)… …   Law dictionary

  • Warranty — In commercial and consumer transactions, a warranty is an obligation or guarantee that an article or service sold is as factually stated or legally implied by the seller, and that often provides for a specific remedy such as repair or replacement …   Wikipedia

  • warranty — A promise that a proposition of fact is true. The Fred Smartley, Jr., C.A.Va., 108 F.2d 603, 606. An assurance by one party to agreement of existence of fact upon which other party may rely. It is intended precisely to relieve promisee of any… …   Black's law dictionary

  • Trade and crafts code of Germany — Articles 3 paragraph 1,(c), 14 and 43 55 of the EC Treaty (Freedom of establishment, freedom to provide services and mutual recognition of diplomas) The EC Treaty lays down the principle that the self employed (whether working in commercial,… …   Wikipedia

  • trading warranty — noun see trade warranty …   Useful english dictionary

  • Magnuson-Moss Warranty Act — The Magnuson Moss Warranty Act (P.L. 93 637) is a United States federal law (usc|15|2301 et seq. ). Enacted in 1975, it is the federal statute that governs warranties on consumer products.The Act was sponsored by Senator Warren G. Magnuson of… …   Wikipedia

  • Magnuson–Moss Warranty Act — The Magnuson–Moss Warranty Act (P.L. 93 637) is a United States federal law, (15 U.S.C. § 2301 et seq.). Enacted in 1975, it is the federal statute that governs warranties on consumer products. The Act was sponsored by Senator Warren G …   Wikipedia

  • Implied warranty — Contract law Part o …   Wikipedia

  • Home warranty — A Home warranty is an insurance contract that covers the repair and replacement costs of home appliances. The warranty generally covers equipment and appliances such as dishwashers, plumbing systems, electrical systems etc. that fail due to… …   Wikipedia

  • implied warranty of merchantability — or implied warranty that goods are merchantable means that the consumer goods meet each of the following: (1) Pass without objection in the trade under the contract description; (2) Are fit for the ordinary purposes for which such goods are used; …   Black's law dictionary

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