BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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in one state
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in grocery stores
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in interstate commerce
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for less than $10
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Detailed explanation-1: -The Magnuson-Moss Warranty Act is the federal law that governs consumer product warranties. Passed by Congress in 1975, the Act requires warrantors of consumer products to provide consumers with detailed information about warranty coverage.
Detailed explanation-2: -The Magnuson-Moss Warranty Act covers only written warranties on consumer goods. What are Consumer Goods? “Consumer goods” are products normally used for personal, family, or household purposes, including items attached to or installed on real property.
Detailed explanation-3: -The Act does not apply to products that are sold for commercial products, or products sold for resale. The Magnuson-Moss Warranty Act only applies to consumer products, meaning products generally used for household, family, or personal purposes.
Detailed explanation-4: -The Magnuson-Moss Act doesn’t require manufacturers or sellers of consumer products to provide written warranties. Instead, the Act requires manufacturers and sellers who do offer written warranties to clearly disclose and describe the terms of those warranties.