Under the Magnuson-Moss Act, What Is the Effect of a Full

question 42

Multiple Choice

Under the Magnuson-Moss Act, what is the effect of a full warranty?

• A) It means that if the good fails or is defective, the good or its defective part will be replaced; and if replacement cannot be timely effected, the buyer has the right to a refund or a full replacement.
• B) It means only that the good or its defective part will be repaired. The buyer has no other remedy.
• C) It means that if the good fails or is defective, the good or its defective part will be replaced; and if replacement cannot be timely effected, the buyer has the right to a refund or a full replacement; and also that the buyer will receive extra funds to account for expenses.
• D) It means that the buyer must be immediately refunded the full purchase price.
• E) It means that the buyer has the option of an immediate refund of the full purchase price or repair of the good.

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Definitions:

Items

Individual objects, units, or pieces within a larger collection or set.

Display

The component of a device that visually presents information, images, or video to the user.

Column Heading Buttons

Graphical interface elements in software applications allowing users to sort or arrange data columns.

Sort

The process of arranging items in a specified order, typically alphabetical, numerical, or chronological.