Asked by Jesse Avila on May 29, 2024
Verified
In many states, in a lemon-law dispute submitted for arbitration according to the program in a vehicle manufacturer's warranty, the decision of the arbitration panel is binding on
A) the manufacturer but not the purchaser.
B) the purchaser but not the manufacturer.
C) the manufacturer and the purchaser.
D) neither the manufacturer nor the purchaser.
Lemon-Law
Legislation that offers remedies to consumers for products, especially vehicles, that fail to meet standards of quality and performance after multiple repair attempts.
Arbitration Panel
A group of one or more independent persons appointed to resolve a dispute in arbitration, rather than through court litigation.
Vehicle Manufacturer
A company that produces and sells automobiles, motorcycles, or other types of vehicles.
- Know the binding nature of arbitration decisions in lemon-law disputes.
Verified Answer
ZK
Zybrea KnightJun 01, 2024
Final Answer :
A
Explanation :
In lemon-law disputes, the arbitration decision is typically binding on the manufacturer, ensuring that if the arbitration panel finds in favor of the consumer, the manufacturer is obligated to comply with the decision. This does not prevent the consumer from seeking further legal action if they are dissatisfied with the arbitration outcome.
Learning Objectives
- Know the binding nature of arbitration decisions in lemon-law disputes.