When evaluating a warranty, what should a consumer do?
1) consider how long the warranty lasts
2) consider what parts or problems are covered or excluded
3) consider what the consumer gets under the warranty
The phone company selling cell phones gave a demonstration of the new cell phone, which could be used to receive and send e-mail messages. After Leo bought the cell phone, it would not receive or send e-mail messages. This is a violation of ______________
an express warranty
By law, a full warranty on a piano covers __________________________________________________________________________________.
1) that the defective piano will be fixed or replaced at no cost
2) that the piano will be fixed within a reasonable time after the consumer complains
3) that the warranty applies to anyone who owns the piano during the period of the warranty, not just th
A type of implied warranty that may exist even if no express warranty is given by a seller is a _________________________________________.
fitness for a particular purpose.
Ibrahim bought an MP3 player, which came with no express warranty. Had he taken the time to examine it before he bought it, he would have seen that there was a major dent in the casing. Ibrahim has _________________________________________________________
1) an implied warranty of fitness for a particular purpose
2) an implied warranty of merchantability
3) a full warranty
A guarantee that defective products will be fixed or replaced for free, no unreasonable demands will be made on the consumer to get warranty service, reasonable time will be spent in fixing the product, replacement or refund after a reasonable number of f
full warranty
A protection less than a full warranty is a ____________________.
limited warranty
A ____________________ is an attempt to limit the seller's responsibilities should anything go wrong with a product.
disclaimer
Disclaimers such as "____________________" are a valid way for a seller to avoid one of the implied warranties.
as is
A ____________________ is an implied warranty that the product sold will meet the special need or use of the consumer.
fitness for a particular purpose
A seller's statement that does not create a warranty...
puffing
A seller's statement that does create a warranty...
express warranty
Requires that express warranties be labeled as full or limited...
Magnuson-Moss Warranty Act
Basis for recovering damages from a manufacturer or seller because the product is dangerous...
strict liability
Attempt to limit the seller's responsibility for problems with products...
disclaimer