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The sale-purchase of the goods is not only the minute’s process; it requires time as the purchasers buy things which attract his business and then gets in contract with the seller. Mainly the stipulation or contract between the seller and buyer revolves around the two words; one is a condition, and the other is warranty. People often found it difficult to differentiate between both of these terms as they are closely associated with each other. The condition is the stipulation that keeps the contract going on between the seller and the buyer. On the other hand, the warranty is the guarantee given by the seller to the buyer about the originality and if any other claim made by the seller in general. If the warranty given by the seller turned out false, then the buyer gets return or exchange of that good or products.
What is Condition?
The condition is the stipulation set that makes sure the contract between the seller and the buyer keeps on going without any fluctuation. While imposing the condition, the seller is on the driving seat, although interference of the buyer can make sure that terms are equally efficient to him as they are to the seller. If either of any party breaches the condition set, the contract gets automatically terminated. It should be kept noted that the warranty is set in parallel to the condition, even if any of the conditions between the seller-buyer is violated the warranty can’t be claimed. For example, if we purchase the smartphone it has a condition attached to it to claim the warranty. Means if we get our phone repairing from any of the local vendors and then afterward due to any issue we went to the official center of that smartphone for any further repair, we can’t claim the warranty as we have breached the set condition between the buyer and the seller. There are two types of the condition set by the buyer and seller as the contract of sale, one is the expressed condition, and the other is the implicit condition.
What is Warranty?
The warranty is the stipulation of the sale of the contract between the seller and the buyer. It is the official or the written assurance from the seller’s side to the buyer about the originality, performance, and handling of that product or goods. The term warranty is closely associated with terms as the buyer needs to follow the set condition to claim the warranty from the seller. It should keep noted that the warranty is the kind of contract or the officially signed card given by the seller to the buyer, which has the product name or code written on it. The warranty is the kind of guarantee from the seller’s side to the buyer; if in case the product doesn’t live it up as per the quality and performance mentioned on the warranty card by the seller, then the seller can get a return, exchange or cash back (as decided). The period of the warranty is also decided by the seller and the buyer at the time of sale. In some cases, the limited time up to 5-10 years warranty is given by the seller, and in other cases, lifetime warranties are offered. The warranty is also a selling tactic as it makes buyer go for the product as due to any fault or issue in the quality of the product, it can be exchanged or returned.
Condition vs. Warranty
- The condition is the stipulation that assures the contract of sale between the seller and buyer keeps on going. On the other hand, the warranty is the stipulation that works as a guarantee from the seller to the buyer about the originality and performance of the product for the definite period.
- If the condition is breached or violated by the buyer, then warranty can’t be claimed.
- The condition is more important then the warranty.