A warranty disclaimer strips out promises the law would otherwise imply — that goods work, that they fit your purpose. "AS IS" in capital letters is the classic form. What’s left is only what’s expressly promised.
The law implies certain warranties into many sales — that goods are merchantable (work as such goods should) and, sometimes, fit for your particular purpose. Warranty disclaimers exist to remove them: "ALL WARRANTIES, EXPRESS OR IMPLIED, ARE DISCLAIMED" or the blunt "AS IS," typically in conspicuous capitals because the law requires disclaimers to be conspicuous. After an effective disclaimer, you’re left with only the express promises actually written in the deal — which is why the specs, SLAs, or express warranty section suddenly matter enormously. Consumer protection laws limit disclaimers in some contexts, and fraud is never disclaimable, but between businesses these clauses usually stick.
A default promise that goods work as such goods ordinarily should. It exists automatically in many sales — unless conspicuously disclaimed.
No — active deception and concealment of known defects survive disclaimers. AS IS shifts the risk of unknown problems, not the seller’s lies.
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