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Durable Goods: What You Need to Know About Their Legal Definition
Definition & Meaning
Durable goods are items that are intended to last for an extended period and do not wear out quickly. These goods are designed for repeated use, providing utility over time rather than being consumed in a single use. Common examples include automobiles, computers, household appliances, and jewelry. Durable goods are sometimes referred to as "durables" or "hard goods." According to federal regulations, a good is considered durable if it has a useful life of more than one year.
Table of content
Legal Use & context
The term "durable goods" is often used in various legal contexts, including consumer protection laws, warranty regulations, and sales agreements. Understanding the classification of durable goods can be important in legal situations involving product liability or warranty claims. Users may utilize legal forms related to the sale, purchase, or warranty of durable goods, which can be managed through tools like US Legal Forms.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
Example 1: A refrigerator purchased for a household is classified as a durable good because it is designed to last several years and is used regularly.
Example 2: A car that is expected to provide service for over three years qualifies as a durable good, as it is utilized repeatedly over its lifespan.
State-by-state differences
Examples of state differences (not exhaustive):
State
Durable Goods Regulation
California
Strict warranty laws for durable goods
Texas
Less stringent regulations on warranties
New York
Consumer protection laws apply to durable goods
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
Comparison with related terms
Term
Definition
Key Differences
Durable Goods
Goods designed for long-term use
Lasts more than one year; includes items like cars and appliances
Consumable Goods
Items meant for short-term use
Used up quickly; includes food and toiletries
Common misunderstandings
What to do if this term applies to you
If you are dealing with durable goods, such as purchasing or selling an item, ensure you understand the warranty and consumer protection laws that apply. You can explore US Legal Forms for ready-to-use legal templates related to sales agreements and warranties. If your situation is complex, consider seeking professional legal advice.
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