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Implied warranties and online auctions

Question
What do I need to know about Implied Warranties in relation to online auctions? 
Answer
Even if you don't make any express warranties to your buyers, the law imposes several 'implied' warranties on every one of your eBay and other online auction pages. If you don't specifically 'disclaim' these, you are deemed to have made them. 
Brain Trust contributor: Author of The eBay Seller's Tax and Legal Answer Book
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