Question

Guarantees are most effective in two situations. the first is when the company or products are not well known. the second is when the product's quality is ________ competition.

Answer 1

Guarantees are most effective in two situations. the first is when the company or products are not well known. the second is when the product's quality is superior to competition.

Guarantee is a legal term is a comprehensive and of higher value than a warranty or security. It's a document designed to protect consumers. It is a promise by a seller to a buyer that the he will take product responsibility & will replace and/or repair defective parts of the purchased item over the period of time contained in the contract. It is a legal understanding and is typically offered for free of charge. With a guarantee the consumer can get his product repaired or refunded for the parts that are replaceable and defective.

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