Which of the following statements regarding warranties is most accurate?

Question

Quizplus · Accepted Answer

Warranties can benefit producers by enhancing their reputation and building customer trust. This can lead to increased sales and customer loyalty, ultimately benefiting the producer. Limited-coverage warranties may be required by law for certain products, but full warranties are not necessarily required for all products or services. While warranties do offer some protection to consumers, their primary purpose is to provide assurance and added value to the product or service being offered. Product liability claims are a separate legal issue and may still be pursued regardless of the product's warranty.

Which of the Following Statements Regarding Warranties Is Most Accurate