WTY meaning in Business ?

Answer: What is Warranty mean?

In contract law, a warranty is a promise which is not a condition of the contract or an innominate term: (1) it is a term "not going to the root of the contract", and (2) which only entitles the innocent party to damages if it is breached: i.e. the warranty is not true or the defaulting party does not perform the contract in accordance with the terms of the warranty. A warranty is not a guarantee. It is a mere promise. It may be enforced if it is breached by an award for the legal remedy of damages.

A warranty is a term of a contract. Depending on the terms of the contract, a product warranty may cover a product such that a manufacturer provides a warranty to a consumer with which the manufacturer has no direct contractual relationship.

A warranty may be express or implied. An express warranty is expressly stated (typically, written); whether or not a term will be implied into a contract depends on the particular contract law of the country in question. Warranties may also state that a particular fact is true at one point in time or that the fact will continue into the future (a "continuing warranty").

reference

Full Form	Category
Warranty	Business
Wise Temple Youth	Community
White Tantric Yoga	General
Walk Through the Y	General
Weezy thank you	General
Walk the Y	General
Whole Tree Yarding	General
Weezy Thanx You	General
Welcome to Yorkshire	General
Wanna Thank You	General
Worst of The Year	General
Waving To You	General
Why Thank You	General
We There Yet	General