This is usually a written guarantee by a seller which may be contained in a sales contract. It is explicit, for example, a one year warranty on manufacturing defects. … [Read more...]
EXTENDED WARRANTY
A contract that provides for a warranty period of coverage to apply after the expiration of the warranty provided by the manufacturer or dealer. In most instances, the extended warranties are usually not beneficial to purchasers since the goods will usually break down early in the usage period or not at all. Consumers should take great care to investigate extended warranties … [Read more...]
EXPRESSION
The term or use of language employed to explain a thing. 2. It is a general rule, that expressions shall be construed, when they are capable of several significations, so as to give operation to the agreement, act, or will, if it can be done; and an expression is always to be understood in the sense most agreeable to the nature of the contract. Vide Clause; Construction; … [Read more...]
EXTENDI FACIAS
Lat. You cause to be extended. In English practice. The name of a writ of execution, (derived from its two emphatic words;) more commonly called an "extent." 2 Tidd, Pr. 1043; 4 Steph, Comm. 43. … [Read more...]
EXPROMISSIO
In the civil law. The species of novation by which a creditor accepts a new debtor, who becomes bound instead of the old, the latter being released. 1 Bouv. Inst. no. 802. … [Read more...]