Which of the Following Statements Regarding Warranties Is Most Accurate

Multiple Choice

Which of the following statements regarding warranties is most accurate?

A) Limited-coverage warranties are required for all manufactured products but not for services.
B) Full warranties are required for all products and services regardless of the size of the firm.
C) Warranties protect consumers but have limited benefits to producers.
D) Brands with limited warranty coverage tend to receive less positive evaluations.
E) Warranties are relatively unimportant in light of product liability claims.