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What The Terms “full” And “Limited” Imply
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In addition, the FTC has issued an interpretive rule that clarifies sure terms and explains some of the provisions of the Act. This section summarizes all the requirements beneath the Act and the Rules. The following part of this handbook summarizes what the Magnuson-Moss Warranty Act requires warrantors to do, what it prohibits them from doing, and the way it impacts warranty disputes. In order to know how the Act impacts you as a businessperson, it is important first to understand what the Act doesn’t require. This is an instance of a permissible guarantee provision to make use of as an alternative of a tie-in.