Question

Warranties provide repair and/or maintenance for a specific time for a car, home, or major appliance and is included in the price of the product (usually provided by the manufacturer). What is the purpose of this warranty?

a) To generate revenue for the manufacturer
b) To cover accidental damages
c) To protect the consumer from defects
d) To provide insurance coverage

Answer 1

The purpose of a warranty is to protect the consumer from defects. The warranty guarantees that if any issues or defects arise during the warranty period, the manufacturer will repair or replace the product at no additional cost to the consumer.

Step-by-step explanation:

The purpose of a warranty is to protect the consumer from defects. When a product is purchased, such as a car, home, or major appliance, the manufacturer includes a warranty to ensure that the product functions properly and is free from defects for a specific period of time. The warranty guarantees that if any issues or defects arise during the warranty period, the manufacturer will repair or replace the product at no additional cost to the consumer.