A "phantom" warranty
A) is a short-term promise made by the seller.
B) called a "full warranty" under the Magnuson-Moss Act.
C) looks good on paper, but is nearly useless in fact.
D) is valid only for the first purchaser of the good
E) covers only parts, not labor.

Question

Quizplus · Accepted Answer

A phantom warranty looks good on paper, but is nearly useless in fact. It is a warranty that does not really provide any meaningful protection for the buyer. It may exist only in legal or technical terms, but does not effectively cover any damages or repairs that may be necessary.

A "Phantom" Warranty