Difference between guarantee and warranty.

1.	Difference between guarantee and warranty.
Answer» ? Guarantee - means coverage of entire product. In the event of failure of any of the components/systems of the product - the manufacturer agrees to replace/ repair the faulty product without any additional cost to the customers. Eg. If any software problem or technical glitch is found Apple agrees to replace its iphone, without any additional charges.Warranty- generally means limited liability for the manufacturer or the supplier of the product.In this the manufacturer agrees to repair the faulty parts of the product if they happen to fail within a specified time frame or usage duration.

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