As-Is, What does it mean?

I have always wanted everyone to be pleased with items that I sell and I guarantee each and every one to be exactly as described in my ads. A few time I have taken things back that were exactly as advertised simply as a good will gesture; audio components come and go, one's reputation is forever. If I ever sold a broken unit I would sell it as a parts unit and price it accordingly. I would not purchase any "as-is" gear unless it was priced as a parts unit. Caveat emptor!

This is a response to the question posed by Kjg. In California (where I live) there is implied in every contract a covenant of good faith and fair dealing. Simply put, when two people enter into a contract, the law presumes an obligation on each party to act in good faith towards the other. Thus, you cannot say that the amp is working well when you know that only one channel is working well. This is merely another way to say that parties to a sale cannot lie to each other about the subject of the contract. If the unit is sold "as is" and there are no representations made about its condition, well, that is your problem for not asking about it. But if you ask about it and are lied to, you have a legal action regardless of the "as is" statement.

good post moto_man. you've reduced a complicated issue of the law of contracts to a simple, understandable english statement. bravo! i've nothing to add nor subtract. -kelly