We all have purchased something at one time or another (more than likely on a daily or weekly basis). What does it mean to own an article of personal property? Does personal property only pertain to big purchases (house, car, boat, etc.)?

When you make specific purchases, you may receive information on a warranty. Why is it suggested that we fully read any and all warranties before we make a purchase? Have you ever purchased something then found it to be defective? If so, discuss how you handled the process to ensure you received a replacementor did you?