First, there’s the concept of the implied warranty. Yes, we all know that any major appliance or product is going to fail days after the manufacturer’s warranty runs out. But apparently, that’s not the end of the story.
Have you heard about the concept of “implied warranty of merchantability?” It is part of the Uniform Commercial Code, first published in 1952.
That means, said Anthony Giorgianni, associate finance editor for Consumer Reports Money Adviser, that when a retailer sells you something, it is giving you an unwritten assurance that the item being sold will perform how it is supposed to for a reasonable period of time. This implied warranty overrides any return policy or limitations in the manufacturer’s warranty.
All states have adopted, in some form or another, this provision of the Uniform Commercial Code or similar legislation, he said.