The Magnuson-Moss Warranty Act governs which type of warranties?

The Magnuson-Moss Warranty Act is a federal law that specifically addresses and regulates both express and implied warranties for consumer products. This Act was enacted to ensure consumers receive clear and understandable information about warranty coverage and to establish guidelines for the warranty process.

Express warranties are those explicitly stated by the seller or manufacturer, often found in the product packaging or advertising, while implied warranties are unspoken and unwritten guarantees that a product will function as expected, fulfilling basic standards of quality and reliability. The Magnuson-Moss Warranty Act provides protections that encompass both types, requiring disclosure of warranty terms and conditions and providing consumers with remedies in case of breach of warranty.

This comprehensive coverage helps to enhance consumer rights and fosters trust in the marketplace by ensuring that both types of warranties are clearly defined and upheld.