SolveYourProblem
eLearning Series: Car Lemon Laws
Got Shafted?
Fight Back if Your Car is a Lemon!
( 27 pages )
What
the Magnuson-Moss Act
Does Not Require for Businesses
In
order for you to be able to understand how the Act affects
you as a businessperson, it is important first to understand
what the Act does not need from you.
First
of all, the Act does not require that any business to provide
a written warranty. The Act allows businesses to decide
whether or not to warrant their products in writing. Although
let me just say that it is just good business to do so.
However,
once a business decides to offer a written warranty on
a consumer product, it must follow those statutes of the
Act.
Secondly,
the Act does not apply to oral warranties of any kind.
Only written warranties are covered by the Act. Thirdly,
the Act does not apply to any warranties that are made
on services. They only cover warranties that are made on
goods.
However,
if your warranty covers both the parts provided for a repair
and the labor involved in making that repair, the Act does
apply to you.
Finally,
the Act does not apply to any warranties on products that
are sold for resale or for commercial purposes. The Act
covers only warranties on consumer products. This means
that only the warranties that are made on tangible property
normally used for personal, family, or household purposes
are covered. You should note that applicability of the
Act to a particular product does not, however, depend upon
how an individual buyer will use it.
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