The output of an extended warranty on a piece of equipment you purchased is ________.
A)peace of mind
B)a part of the product
C)consumer loyalty
D)a guarantee to repair or replace your product if it should break down

Question

Quizplus · Accepted Answer

The purpose of an extended warranty is to provide a guarantee to repair or replace a product if it breaks down. This can provide peace of mind for the consumer, but the primary function is to provide added protection for the purchased equipment. Consumer loyalty and being part of the product are not accurate descriptions of an extended warranty.

The Output of an Extended Warranty on a Piece of Equipment