An implied warranty stipulates the specific terms the seller will honor.

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An express warranty stipulates the specific terms the seller will honor. Many automobile manufacturers, for example, provide three-year or 36,000-mile warranties on their vehicles, during which period they will fix any and all defects specified in the warranty. An implied warranty is imposed on the producer or seller by law, although it may not be a written document provided at the time of sale.

An Implied Warranty Stipulates the Specific Terms the Seller Will