Examlex
Which of the following provides improved access to quality data for operational decision making,elimination of costly and inflexible legacy systems,and simplified consolidation of financial data?
Limited Warranty
A warranty with certain conditions and limitations on the parts, time, type of defect, or other factors warrantied.
Warranty
An assurance, either express or implied, by one party that the other party can rely on its representations of fact; in sales, a binding promise regarding a product in the event that the product does not meet the manufacturer’s or seller’s promises.
Written Warranty
A documented guarantee provided by a manufacturer or seller, detailing the conditions under which a product can be returned, replaced, or repaired.
Magnuson-Moss Act
A federal law that governs warranties on consumer products to protect buyers from deceptive warranty practices.
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