Which of the Following Statements Regarding Warranties Is MOST ACCURATE

question 67

Multiple Choice

Which of the following statements regarding warranties is MOST ACCURATE?

• A)Limited-coverage warranties are required for all manufactured products but not for services.
• B)Full warranties are required for all products and services regardless of the size of the firm.
• C)Warranties protect consumers but have limited benefits to producers.
• D)Warranties benefit producers through enhanced reputations.
• E)Warranties are relatively unimportant in light of product liability claims.

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