What is express warranty?

An express warranty is fundamentally a statement or claim made by a seller about the nature or quality of a product that influences the buyer's decision in making a purchase. This warranty constitutes a formal assurance that certain facts about the product are true, which can directly affect the terms of the sale and the expectations of the buyer. For example, if a manufacturer states that a particular appliance can operate for a certain number of hours without failing, this specific claim becomes part of the basis of the bargaining process.

In contrast, the other options either describe aspects of product safety or types of warranties that do not involve explicit claims made by the seller. References to product safety standards focus on compliance rather than specific assertions made during a sale. Guarantees of product performance over time align more with implied guarantees rather than express guarantees. Lastly, implied warranties emerge from the nature of the transaction itself instead of being explicitly stated, which is distinct from the concept of an express warranty.