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  2. Warranty - Wikipedia

    en.wikipedia.org/wiki/Warranty

    A warranty is a term of a contract, but not usually a condition of the contract or an innominate term, meaning that it is a term "not going to the root of the contract", [6] and therefore only entitles the innocent party to damages if it is breached, [6] i.e. if the warranty is not true or the defaulting party does not perform the contract in ...

  3. Home warranty vs. homeowners insurance - AOL

    www.aol.com/finance/home-warranty-vs-homeowners...

    Navigating the difference between a home warranty and home insurance can be intricate. A home warranty, distinct from homeowners insurance, focuses primarily on the wear and tear of appliances and ...

  4. Warrant of payment - Wikipedia

    en.wikipedia.org/wiki/Warrant_of_payment

    In financial transactions, a warrant is a written order by one person that instructs or authorises another person to pay a specified recipient a specific amount of money or supply goods at a specific date. [1]

  5. Should I get a home warranty? - AOL

    www.aol.com/finance/home-warranty-200001953.html

    A warranty doesn’t cover windows, doors, floors or other structural features. Nor does it cover smaller or freestanding appliances, like countertop ovens or trash compactors.

  6. Return merchandise authorization - Wikipedia

    en.wikipedia.org/wiki/Return_merchandise...

    A return merchandise authorization (RMA), return authorization (RA) or return goods authorization (RGA) is a part of the process of returning a product to receive a refund, replacement, or repair to which buyer and seller agree during the product's warranty period. [1] [2]

  7. Home warranty vs. home insurance: What's the difference? - AOL

    www.aol.com/news/home-warranty-vs-home-insurance...

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  8. Innominate term - Wikipedia

    en.wikipedia.org/wiki/Innominate_term

    In English contract law, an innominate term is an intermediate term which cannot be defined as either a "condition" or a "warranty". [1] In Hong Kong Fir Shipping Co Ltd v Kawasaki Kisen Kaisha Ltd (1962 2 QB 26) the Court of Appeal of England and Wales first conceived the notion of an "innominate term". This was followed in the case of The ...

  9. Indemnity - Wikipedia

    en.wikipedia.org/wiki/Indemnity

    The distinction between indemnity and damages is subtle and may be differentiated by considering the roots of the law of obligations: how can money be paid if the defendant is not at fault? The contract before rescission is voidable but not void, so, for a period of time, there is a legal contract. During that time, both parties have legal ...