👉 In legal terms, "warrantability" refers to a property or asset's ability to be used as intended. It involves assessing whether there are any defects in the asset that could potentially cause harm or loss to its original owner or user. A term of caution is that this concept can vary widely depending on jurisdiction and context. For example, in some jurisdictions, "warrantability" may refer specifically to a product's ability to meet certain safety or quality standards, whereas in others it might encompass