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:

Unconditional Positive Regard

A therapeutic concept within the client-centered therapy approach proposed by Carl Rogers, emphasizing an unjudgmental, supportive attitude towards clients.

Systematic Desensitization

A therapeutic technique used to help effectively overcome phobias and anxieties by gradually exposing the patient to the fear in a controlled setting.

Fixation

An obsessive focus or attachment to a person, object, or idea, which can interfere with normal psychological development or functioning.

Id

A component of Sigmund Freud's psychoanalytic theory, representing the instinctual drives and the source of psychic energy.