Elaine has a terrific post on the history of warranties. As there were little products at that time, we didnt have product warranties. So what were warranties for? Buying brides!
In the early days of exchange, humans mostly traded consumables like food or stone tools. There wasn’t much room for misrepresentation because what you saw was what you got.
The was one exception: Brides. In many ancient civilizations, families sold their unmarried daughters to prospective bridegrooms. Barbaric, I know.
A bride was often the biggest purchase a man would ever make (these days it’s a house). But there was no way to measure the quality of the good before buying. A bridegroom couldn’t exactly, uh, take a test drive. To further complicate things, the brides were selected and paid for before they reached marriageable age. It’s kind of like how Tesla Model 3’s require a reservation deposit two years before…
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Utopia, you are standing in it! 
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