Mary sells handmade earrings for a living.Susan is a new lawyer and a friend of Mary who gives legal advice to Mary in return for earrings.Susan tells Mary that under the Magnuson-Moss Act she is required to provide all buyers with a written warranty setting forth their rights as consumers.Mary asks if there is not a way around that because she is tired of complaining customers who do not take care of their earrings and that she would love to find a way to provide no warranties whatsoever.Which of the following is true regarding Susan's advice and warranties on the earrings?
A) Susan is wrong,and Mary is not required to offer any warranties.
B) Susan is partially correct,and Mary must provide a limited written warranty to comply with the Magnuson-Moss Act.
C) Susan is correct,and Mary must provide a full written warranty to comply with the Magnuson-Moss Act.
D) Susan is partially correct,and Mary must provide a limited written warranty under the Magnuson-Moss Act only if her average gross sales are over $5,000.
E) Susan is partially correct,and Mary must provide a full written warranty under the Magnuson-Moss Act only if her average gross sales are over $10,000.
Correct Answer:
Verified
Q105: Boat Tow.Donnie went to a new car
Q106: Hot Toaster.Rebecca bought a toaster from Super
Q107: Which of the following is true regarding
Q108: Hot Toaster.Rebecca bought a toaster from Super
Q109: Stacy,located in Florida,is entering into a contract
Q111: Refused Furniture.Selina arranges to sell furniture from
Q112: New Furniture.Penny purchased $3,000 worth of furniture
Q113: Which of the following was the result
Q114: When does the Uniform Commercial Code allow
Q115: New Furniture.Penny purchased $3,000 worth of furniture
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents