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Tag: Warranted
Warranted is a term used in various industries to describe a product or service that comes with a guarantee or assurance of quality and performance. When a product is warranted, it means that the manufacturer stands behind their product and promises to repair or replace it if it fails to meet the specified standards.
In the world of consumer goods, a warranty is a legal contract between the manufacturer and the consumer that outlines the terms and conditions of the warranty coverage. This can include the duration of the warranty, what is covered under the warranty, and any limitations or exclusions that may apply. Having a product that is warranted provides peace of mind to the consumer, knowing that they are protected in case the product does not live up to expectations.
In the automotive industry, warranties are commonly offered on new vehicles to cover defects in materials or workmanship. This gives consumers confidence in their purchase, knowing that they can rely on the manufacturer to address any issues that may arise. Extended warranties are also available for purchase, providing additional coverage beyond the standard warranty period.
In the realm of financial services, a warrant is a type of security that gives the holder the right, but not the obligation, to buy or sell a specific amount of a financial instrument at a certain price within a specified time frame. Warrants are often used as a way to attract investors, offering them the potential for profit if the underlying asset performs well.
Overall, the concept of being warranted is a valuable one in many industries, providing assurance to consumers and investors alike. It signifies a commitment to quality and reliability, fostering trust and confidence in the products and services being offered.
What does “warranted” mean?
“Warranted” means something is justified or authorized, often supported by evidence or guarantee.
How is a warranty different from something being warranted?
A warranty is a guarantee, while something being warranted means it is justified or deemed necessary.
Is a product being “warranted” a good thing?
Yes, it means the product is supported by evidence or guarantee, giving assurance of its quality or performance.
Can a person be warranted?
Yes, if their actions or decisions are justified or authorized based on evidence or reasoning.
Why is it important for something to be warranted?
It provides a sense of trust and reliability, ensuring that it meets certain standards or criteria.