What type of transaction is covered under the Magnuson-Moss Warranty Act?
A) consumer transactions
B) commercial transactions
C) industrial transactions
D) government transactions

Question

Quizplus · Accepted Answer

The Magnuson-Moss Warranty Act applies to consumer transactions, which are transactions in which the buyer is an individual who purchases goods or services primarily for personal, family, or household use. This includes transactions for items such as appliances, electronics, and vehicles. The act does not apply to commercial or industrial transactions, which involve businesses buying goods or services for their own use, or to government transactions.

What Type of Transaction Is Covered Under the Magnuson-Moss Warranty