Final answer:
The Failure/Defect Reason text entry in the Goodyear Tire Warranty Application requires an explanation of the tire's defect or failure for processing the warranty claim.
Step-by-step explanation:
The Failure/Defect Reason text entry field mentioned in the online Goodyear Tire Warranty Application refers to a section where the applicant must describe the reason for the tire defect or failure that they are claiming under warranty. For instance, if a tire failed due to a manufacturing defect, the applicant would provide a detailed description of the issue. This ensures that Goodyear can process the warranty claim effectively by understanding the nature of the defect or failure.