Implied warranties are legal guarantees that automatically apply to the sale of goods, even if they are not explicitly stated in a contract. These warranties ensure that products meet certain standards of quality and performance. For example, when you buy a new car, it is expected to be safe and function properly, reflecting the manufacturer's claims. There are two main types of implied warranties: the implied warranty of merchantability and the implied warranty of fitness for a particular purpose. The former ensures that goods are fit for ordinary use, while the latter applies when a seller knows the specific purpose for which a buyer needs the product.