Implied Warranty Legal Meaning and Definition
Here is a simplified definition of the legal term Implied Warranty.
Implied Warranty (noun)
An Implied Warranty refers to an unwritten and unspoken guarantee that a product or service being sold is fit for its intended purpose and complies with basic quality standards. This warranty is not stated outright, but is assumed to be part of the agreement at the time of sale under common law, serving to protect the buyer from defective or substandard goods. Both the seller's claim about the product and the nature of the product itself can create implied warranties. These warranties can be either about the product being merchantable, meaning it's capable of being sold, or about the product being fit for a particular purpose.