Asked by Ismael Colon on May 14, 2024
Verified
The Magnuson-Moss Warranty Act of 1975 mainly applies to:
A) presale agreements for products used for commercial purposes.
B) written warranties for products used for consumer purposes.
C) presale agreements for products used for consumer purposes.
D) written warranties for products used for commercial purposes.
Magnuson-Moss Warranty Act
A federal law enacted in 1975 to protect consumers from deceptive warranty practices, requiring warranties for consumer products to be clearly disclosed.
Written Warranties
Guarantees provided in written form by the seller or manufacturer, promising the quality and durability of a product.
Consumer Purposes
Activities or objectives that cater to the needs and desires of individual buyers, contrasting with commercial or business aims.
- Understand the meaning of a consumer as per the Magnuson-Moss Warranty Act and how the act is applicable to consumer transactions.
Verified Answer
Learning Objectives
- Understand the meaning of a consumer as per the Magnuson-Moss Warranty Act and how the act is applicable to consumer transactions.
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