When buying electrical goods, the manufacturer's provision of warranties and guarantees against product malfunctions are an example of 'restitution'.

Name: When buying electrical goods, the manufacturer's provision of warranties and guarantees against product malfunctions are an example of 'restitution'.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Warranties and guarantees are examples of 'assurance' that the product will function as advertised, not restitution, which refers to compensation for loss or damage after it occurs.

When Buying Electrical Goods, the Manufacturer's Provision of Warranties and Guarantees