Magnuson Moss Act Flashcards
1
Q
Coverage
A
MMA covers all consumer products manufactured after July 4 1975 that are covered by a written warranty
1
Q
Purpose
A
1) To improve the adequacy of information available to consumers
2) To prevent deception and
3) To improve competition in the marketing of consumer products
2
Q
To qualify:
A
- New CONSUMER product
1) Consumer product = household item - Minim of $10
- No privity required
- Not unilateral services or products sole for resale/commercial purposes
3
Q
Minim standard
A
- Fully warranty for repair/replacement without charge incase of defect, malfun, or failure to conform with warranty
- For breach of full warranty - full refund
- No implied warranty disclaimers
- Must conspicuously state if the warranty is full
- Express warranties must be in writing
4
Q
Limited warranties
A
Must conspciously state limited