Awarranty that is created when a seller or lessor makes an affirmation that the goods he or she is selling or leasing meet certain standards of quality, description, performance, or condition is known as a(n) warranty.

Express Warranty

Explanation:

Express Warranty -

It is a type of agreement by the seller in order to provide the replacement or repair the product , any service or component ,which is faulty , with in a given period of time frame , is known as express warranty .

The consumer gets the guarantee about the goods or service and feel secure about the purchase .

Hence , from the question , the term according to the given statement of the question is express warranty .

c

explanation:

answer; conceptual skills;