Barry buys a car from a dealer, which is sold to him "as is" and "with all faults." The next day, the engine blows up. Barry can sue the dealer for breach of the implied warranty of fitness.

Implied Warranty of Fitness

A legal assumption in many jurisdictions that a product sold will be suitable for the particular purpose for which the buyer intends to use it.

"As Is"

A term specifying that an item is being sold in its current condition, with all faults and without warranty, typically in a sales contract.

"With All Faults"

A term in contracts indicating that the buyer accepts the item as is, including all defects.