1. A statement that certain facts are true, made by one party to a contract and accepted by the other party as true. 2. An agreement to make up for any damages that result from a false representation of facts.
n. a written statement of good quality of merchandise, clear title to real estate or that a fact stated in a contract is true. An "express warranty" is a definite written statement and "implied warranty" is based on the circumstances surrounding the sale or the creation of the contract.
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