# Warranty

**IRI:** https://folio.openlegalstandard.org/RDJqeqCuDHyFSnpfHfmeHEW

## Labels

## Definition

A Warranty is a promise or guarantee provided by a manufacturer or seller to the buyer concerning the quality, condition, or functionality of a product for a specified period. If the product fails to meet the stipulated conditions during the warranty period, the manufacturer or seller is obliged to repair, replace, or refund the product.

## Sub Class Of

- https://folio.openlegalstandard.org/R7KnhbKXnWBeCBhayT7e9BY

**Deprecated:** False