BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If an item breaks and will be fixed or replaces with no charge it is covered by a/an ____
A
express warranty
B
limited warranty
C
implied warranty
D
full warranty
Explanation: 

Detailed explanation-1: -Having a warranty doesn’t necessarily mean the manufacturer will fix your product if it breaks. Typically, warranties only cover product defects-not misuse or accidental damage.

Detailed explanation-2: -Consumers can get a replacement for the product only if the manufacturer cannot repair the product. However, consumers don’t have the right to ask for a replacement when the product is repaired. The warranty comes with additional support, and so consumers can avail extra warranty period by paying additional amounts.

Detailed explanation-3: -Warranty terms can vary from free repairs on the defective product to complete replacement. The owner may be instructed to bring the product to the nearest authorized repairman, the seller, or ship it to the manufacturer.

Detailed explanation-4: -It covers the item or service after the manufacturer’s guarantee period. Benefits of having a warranty may include paying some of the cost of a repair if the product breaks or becomes faulty. Warranties may also offer extra cover for accidental damage.

There is 1 question to complete.