What type of warranty is essentially a statement of fact?

• A. Promissory Warranty
• B. Express Warranty
• C. Implied Warranty
• D. AFFIRMATIVE Warranty

Answer: (D)

An affirmative warranty is a type of warranty that takes the form of a statement of fact, asserting that certain conditions or qualities of a product are true. This means that the seller guarantees that specific claims about the item are accurate, which can cover aspects such as quality, performance, or other key characteristics. If the affirmative warranty is found to be untrue, the buyer may seek remedies for any resulting damages.

In contrast, a promissory warranty involves a promise regarding future performance, and an express warranty is explicitly stated and can include various statements regarding the product. An implied warranty is not explicitly stated but is inferred by the nature of the transaction or circumstances, implying that the product meets certain standards. Affirmative warranties specifically relate to factual statements made by the seller, establishing clear expectations based on those facts.