Under the Magnuson-Moss Act, what is the effect of a full warranty?
A) It means that if the good fails or is defective, the good or its defective part will be replaced; and if replacement cannot be timely effected, the buyer has the right to a refund or a full replacement.
B) It means only that the good or its defective part will be repaired. The buyer has no other remedy.
C) It means that the good or its defective part will be repaired or replaced if it cannot be repaired. The buyer has no other remedy.
D) It means that the buyer must be immediately refunded the full purchase price.
E) It means that the buyer has the option of an immediate refund of the full purchase price or repair of the good.

Question

Quizplus · Accepted Answer

The Magnuson-Moss Warranty Act stipulates that for a full warranty, if a product fails or is defective, it must be repaired, replaced, or the buyer must be refunded if repairs or replacement cannot be made in a timely manner. This ensures consumer protection by providing clear remedies for defective goods.

Under the Magnuson-Moss Act, What Is the Effect of a Full