Which of the Following Regarding a Warranty Is Not True

question 170

Multiple Choice

Which of the following regarding a warranty is not true?

• A)It is a form of consumer insurance.
• B)Consumers may buy one even if the cost of the warranty is greater than the expected future claim paid by the manufacturer.
• C)It decreases the consumer's expected utility from an item.
• D)It signals to consumers that the goods are of high quality.

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Definitions:

Existential-humanistic Therapy

A psychological approach focusing on self-awareness, free will, and the search for meaning, often confronting existential concerns.

Psychodynamic Therapy

A therapeutic approach that emphasizes understanding the influence of the unconscious mind on behavior.

Double-blind Studies

Research studies where neither the participants nor the researchers conducting the study know which intervention or treatment participants are receiving to prevent bias.

Ethnographic Studies

Research methods that involve the immersive observation and detailed documentation of people and cultures in their natural environment.