The warranty period for the repair or replacement of the defective product by the seller covered by the warranty is equal to the part of the original warranty that has not expired or 6 months after shipment of the repaired or replaced product, whichever is longer. Here are some examples of potential sellers and buyers who need to use this agreement. Explicit warranties: An explicit warranty is a confirmation statement by the seller about the quality and characteristics of the goods. An example of an express warranty is an electronics dispenser that tells a customer, “We guarantee your newly purchased TV against defects for three years. If you draw our attention to a defect, we will replace or repair it. However, an explicit warranty can be established even if the seller does not intend to create one. .