Fun Time Games Inc

question 29

Multiple Choice

Fun Time Games Inc. develops and markets mobile entertainment software. The company's application portfolio includes single and multiplayer games, ring tones, and other entertainment content. Its most popular mobile game is the Lightz200. Recently, it released a new, upgraded version compatible with all major mobile handsets called the Lightz201 series. Which of the following product categories would best describe the Lightz201 series?

• A) New-to-the-world products
• B) Additions to existing product lines
• C) Product repositionings
• D) Improvements and revisions of existing products

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Definitions:

Limited Warranty

A warranty with specific conditions and limitations on what is covered, the duration of coverage, and what will be done to correct issues.

Implied Warranty

A legal assurance inherent in a transaction that the goods or services sold meet certain quality standards, even if not explicitly stated.

Express Warranty

An express warranty is a seller's promise or guarantee that a product will meet a specified level of quality and reliability.

Puffing

Exaggerated or superlative comments or opinions made by sellers regarding the quality or desirability of their goods, not considered legally binding promises.