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Product Liability Law: Magnuson-Moss Warranty Act

Description: This quiz will test your knowledge of the Magnuson-Moss Warranty Act, a federal law that governs warranties on consumer products.
Number of Questions: 15
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Tags: product liability law magnuson-moss warranty act consumer protection
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What is the purpose of the Magnuson-Moss Warranty Act?

  1. To protect consumers from unfair or deceptive warranty practices

  2. To regulate the sale of consumer products

  3. To establish minimum standards for product warranties

  4. To provide a forum for resolving disputes between consumers and manufacturers


Correct Option: A
Explanation:

The Magnuson-Moss Warranty Act was enacted in 1975 to protect consumers from unfair or deceptive warranty practices. The Act requires manufacturers to provide consumers with clear and concise information about their warranties, and it prohibits them from making false or misleading claims about their products.

What is a warranty?

  1. A promise by a manufacturer or seller that a product will meet certain standards or perform as expected

  2. A contract between a consumer and a manufacturer or seller that outlines the terms of the warranty

  3. A document that describes the terms of a warranty

  4. A guarantee that a product will last for a certain period of time


Correct Option: A
Explanation:

A warranty is a promise by a manufacturer or seller that a product will meet certain standards or perform as expected. Warranties can be express or implied. An express warranty is a written or oral statement that makes a specific promise about the product. An implied warranty is a warranty that is not stated in writing or orally, but is implied by law.

What are the two types of warranties covered by the Magnuson-Moss Warranty Act?

  1. Express warranties and implied warranties

  2. Full warranties and limited warranties

  3. Written warranties and oral warranties

  4. Service warranties and repair warranties


Correct Option: A
Explanation:

The Magnuson-Moss Warranty Act covers two types of warranties: express warranties and implied warranties. An express warranty is a written or oral statement that makes a specific promise about the product. An implied warranty is a warranty that is not stated in writing or orally, but is implied by law.

What are the requirements for an express warranty under the Magnuson-Moss Warranty Act?

  1. It must be in writing

  2. It must be clear and conspicuous

  3. It must be specific and not general

  4. All of the above


Correct Option: D
Explanation:

Under the Magnuson-Moss Warranty Act, an express warranty must be in writing, clear and conspicuous, and specific and not general.

What are the remedies available to consumers under the Magnuson-Moss Warranty Act?

  1. Repair or replacement of the product

  2. Refund of the purchase price

  3. Damages for any losses caused by the product

  4. All of the above


Correct Option: D
Explanation:

Under the Magnuson-Moss Warranty Act, consumers are entitled to repair or replacement of the product, a refund of the purchase price, or damages for any losses caused by the product.

What is the statute of limitations for filing a lawsuit under the Magnuson-Moss Warranty Act?

  1. 4 years

  2. 6 years

  3. 8 years

  4. 10 years


Correct Option: A
Explanation:

The statute of limitations for filing a lawsuit under the Magnuson-Moss Warranty Act is 4 years.

What is the Magnuson-Moss Warranty Act's cooling-off period?

  1. 3 days

  2. 7 days

  3. 10 days

  4. 14 days


Correct Option: A
Explanation:

The Magnuson-Moss Warranty Act's cooling-off period is 3 days. During this period, consumers can cancel their purchase of a covered product without penalty.

What is the Magnuson-Moss Warranty Act's full warranty requirement?

  1. The product must be free from defects in materials and workmanship

  2. The product must be repaired or replaced without charge for a period of at least one year

  3. The product must be refunded if it is not repaired or replaced within a reasonable time

  4. All of the above


Correct Option: D
Explanation:

The Magnuson-Moss Warranty Act's full warranty requirement is that the product must be free from defects in materials and workmanship, must be repaired or replaced without charge for a period of at least one year, and must be refunded if it is not repaired or replaced within a reasonable time.

What is the Magnuson-Moss Warranty Act's limited warranty requirement?

  1. The product must be free from defects in materials and workmanship

  2. The product must be repaired or replaced without charge for a period of less than one year

  3. The product must be refunded if it is not repaired or replaced within a reasonable time

  4. Both A and B


Correct Option: D
Explanation:

The Magnuson-Moss Warranty Act's limited warranty requirement is that the product must be free from defects in materials and workmanship, and must be repaired or replaced without charge for a period of less than one year.

What is the Magnuson-Moss Warranty Act's implied warranty of merchantability?

  1. The product must be fit for the ordinary purpose for which it is sold

  2. The product must be of average quality

  3. The product must be free from defects

  4. All of the above


Correct Option: D
Explanation:

The Magnuson-Moss Warranty Act's implied warranty of merchantability is that the product must be fit for the ordinary purpose for which it is sold, must be of average quality, and must be free from defects.

What is the Magnuson-Moss Warranty Act's implied warranty of fitness for a particular purpose?

  1. The product must be fit for the purpose for which the consumer bought it

  2. The product must be of average quality

  3. The product must be free from defects

  4. All of the above


Correct Option: A
Explanation:

The Magnuson-Moss Warranty Act's implied warranty of fitness for a particular purpose is that the product must be fit for the purpose for which the consumer bought it.

What is the Magnuson-Moss Warranty Act's disclaimer of implied warranties?

  1. A statement that the product is sold 'as is'

  2. A statement that the product is not covered by any warranties

  3. A statement that the product is covered by only express warranties

  4. All of the above


Correct Option: A
Explanation:

The Magnuson-Moss Warranty Act's disclaimer of implied warranties is a statement that the product is sold 'as is'.

What is the Magnuson-Moss Warranty Act's limitation of damages provision?

  1. The manufacturer is not liable for consequential damages

  2. The manufacturer is not liable for incidental damages

  3. The manufacturer is not liable for punitive damages

  4. All of the above


Correct Option: D
Explanation:

The Magnuson-Moss Warranty Act's limitation of damages provision is that the manufacturer is not liable for consequential damages, incidental damages, or punitive damages.

What is the Magnuson-Moss Warranty Act's preemption provision?

  1. The Act preempts state laws that are inconsistent with it

  2. The Act preempts state laws that are more protective of consumers

  3. The Act preempts state laws that are less protective of consumers

  4. The Act does not preempt any state laws


Correct Option: A
Explanation:

The Magnuson-Moss Warranty Act's preemption provision is that the Act preempts state laws that are inconsistent with it.

What is the Magnuson-Moss Warranty Act's private right of action provision?

  1. Consumers can file lawsuits to enforce their rights under the Act

  2. Consumers can file complaints with the Federal Trade Commission

  3. Consumers can file complaints with the Consumer Product Safety Commission

  4. All of the above


Correct Option: D
Explanation:

The Magnuson-Moss Warranty Act's private right of action provision is that consumers can file lawsuits to enforce their rights under the Act, file complaints with the Federal Trade Commission, or file complaints with the Consumer Product Safety Commission.

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