Question

A warranty that is created when a seller or lessor makes an affirmation that the goods he or she is selling or leasing meet certain standards of quality, description, performance, or condition is known as a(n) ________ warranty.

Answer 1

Answer:

Express Warranty

Explanation:

Express Warranty -

It is a type of agreement by the seller in order to provide the replacement or repair the product , any service or component ,which is faulty , with in a given period of time frame , is known as express warranty .

The consumer gets the guarantee about the goods or service and feel secure about the purchase .

Hence , from the question , the term according to the given statement of the question is express warranty .