Land development and home building companies provide warranties for:
A) impaired assets.
B) manufacturer's defects and latent defects.
C) amenities.
D) obsolete or slow-moving items.

Question

Quizplus · Accepted Answer

Land development and home building companies provide warranties for manufacturer's defects and latent defects, which are defects that may not be immediately apparent or visible but can cause problems later on. Warranties may also cover any defects in materials or workmanship that affect the structure of the home or make it unsafe to inhabit. Warranty coverage for amenities, impaired assets, or obsolete/slow-moving items would be uncommon in this industry.

Land Development and Home Building Companies Provide Warranties For