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Simple English definitions for legal terms
varrantizatio
Read a random definition: post-expiration-sales theory
A quick definition of varrantizatio:
Term: VARRANTIZATIO
Definition: Varrantizatio is a legal term used in Scottish law history that means a warranty. A warranty is a promise or guarantee made by a seller to a buyer that the product or service being sold is of good quality and will work as intended. It is like a safety net for the buyer in case something goes wrong with the product or service. For example, if you buy a new phone and it stops working within a week, the warranty will allow you to get it fixed or replaced for free.
A more thorough explanation:
VARRANTIZATIO
Varrantizatio (v-ran-ti-zay-shee-oh) is a legal term used in the historical Scots law. It refers to a warranty, which is a guarantee or promise made by a seller to a buyer that the product being sold is of good quality and will function as intended.
Example 1: In the 18th century, a blacksmith selling a horse-drawn carriage would provide a varrantizatio to the buyer, promising that the carriage was well-built and would last for many years.
Example 2: A seller of a piece of land would provide a varrantizatio to the buyer, guaranteeing that the land was free of any legal disputes or claims.
The examples illustrate how a varrantizatio was used in historical Scots law to provide a guarantee or promise to a buyer that the product being sold was of good quality and free from any legal disputes or claims. This legal term was commonly used in the sale of goods and property, and it ensured that buyers were protected from any defects or issues with their purchase.