Business Studies, asked by tekchand2103, 11 months ago

Difference between warranty and guarantee for electronics.

Answers

Answered by ssoouummeenn
0
A warranty is “a promise or guarantee given.” A warranty is usually a written guarantee for a product, and it holds the maker of the product responsible to repair or replace a defective product or its parts. It is only used as a noun.
So, what’s a guarantee? Basically, it’s the promise included in the formal (and legal) warranty.
As a noun, guarantee is “an agreement assuming responsibility to perform, execute, or complete something and offering security for that agreement.” It is a promise or an assurance, especially one given in writing, that attests to the quality or durability of a product or service, or a pledge that something will be performed in a specified manner.
As a verb, it can assure someone that you have confidence in your product or service. For example: “I guarantee that you’ll love this product or you’ll get your money back!”
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