Simple English definitions for legal terms
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Term: Y2K WARRANTY
Definition: A Y2K warranty is a type of guarantee that a product, software, or hardware with computer components will work correctly on and after January 1, 2000. These warranties were popular in the late 1990s when people were concerned that computers and technology would not be able to handle the change from the 1900s to the 2000s.
A Y2K warranty is a type of warranty that guarantees that software, hardware, or a product with computer components will work correctly on and after January 1, 2000. These warranties were prevalent in the late 1990s when there was widespread concern that computer systems would fail due to the change in the millennium.
These examples illustrate how companies offered Y2K warranties to assure customers that their products would not be affected by the Y2K bug, which was a concern at the time. The warranties were a way for companies to demonstrate their confidence in their products and to alleviate customer fears about potential problems.