Archive for September 4th, 2007

All products sold to consumers are covered by a scheme under which the manufacturer promises replacement of faulty spare parts or the entire product. The scheme is called warranty. The replacement of the faulty product will be done only if the defect is detected within the warranty period specified. The warranty […]

Warranty is a standard practice in the consumer-oriented business under which companies assure products free of defects. If any product is found to be defective or if a part of it develops a fault, it will be replaced under the warranty. However, to replace a defective product or its part, the […]

A car warranty refers to an assurance given by a company to either replace a faulty part of the product or the entire product if there is any manufacturing defect. This assurance is given to the customer in written format and will be valid for a specified period of time from […]