Review questions: Warranties

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Presentation transcript:

Review questions: Warranties What does a warranty guarantee the consumer? When has a warranty been breached? What are the requirements of a express warranty? What is puffing and is it covered under a warranty? Why or why not? Why was the Magnuson-Moss Act established? List and explain at least 2 of its provisions Explain why implied warranties only applies to a bona fide dealer. Explain each of the following and what it protects. Warranty of merchantability Warranty for fitness for a particular purpose Warranty of title Strict liability How does a disclaimer help the consumer? How can the seller use the disclaimer to limit a customers remedy? Why are warranties important to protecting consumers?