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 that 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 if the good fails or is defective,the good or its defective part will be replaced; that if replacement cannot be timely effected,the buyer has the right to a refund or a full replacement; and that the buyer will receive additional funds to account for expenses incurred in seeking warranty recognition and enforcement.
D) It means that the seller must immediately refund the buyer the full purchase price.
E) It means that the buyer has the option of either an immediate refund of the full purchase price or repair of the good.
Correct Answer:
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