Magnuson–Moss Warranty Act: Difference between revisions
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TODO: Would like someone to look over | <!-- TODO: Would like someone to look over the law's textand give a more robust summary; until then the summary is from Wikipedia. -->[[wikipedia:Magnuson–Moss_Warranty_Act|The Magnuson-Moss Warranty Act]] (The Act) is a landmark U.S. federal law (15 U.S.C. § 2301 et seq.) enacted on January 4, 1975, to govern consumer product warranties. Sponsored by Senator Warren G. Magnuson and Representative John E. Moss, the Act was designed to address widespread misuse of warranties by manufacturers, particularly through unfair disclaimers and misleading practices.<ref name=":1">{{Cite web |last=Brooks |first=Michael |date= |title=Magnuson-Moss Overview |url=https://www.autosafety.org/magnuson-moss-overview/ |website=autosaftey.org }}</ref> | ||
===Purpose=== | |||
The intention of The Act is to establish federal standards for warranty content and disclosure, make warranties more transparent and enforceable for consumers, and to enhance the Federal Trade Commission's (FTC) consumer protection capabilities.<ref name=":2">{{Cite web |last=Conn |first=Elliot |date=August 26, 2023 |title=Magnuson-Moss Warranty Act: A Guide for Consumers |url=https://connlawpc.com/blog/magnuson-moss-warranty-act/ |website= }}</ref> | |||
===Key provisions=== | ===Key provisions=== | ||
Warranty disclosure standards | Warranty disclosure standards | ||
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''The Act'' is an important piece of legislation, but its enforcement is a mixed bag. Although it is enforced, often the fines are little to nothing, which encourages manufacturers to disregard it. This effectively prevents the act from properly keeping vendors accountable. | ''The Act'' is an important piece of legislation, but its enforcement is a mixed bag. Although it is enforced, often the fines are little to nothing, which encourages manufacturers to disregard it. This effectively prevents the act from properly keeping vendors accountable. | ||
Toyota held | Toyota held liable for all damages in used car's in-warranty repair case - June 16, 1992. <ref name=":10">[https://web.archive.org/web/20250129195115/https://law.justia.com/cases/north-carolina/court-of-appeals/1992/9110dc643-1.html "Ismael v. Goodman Toyota"] - archive.org - archived 2025-01-29</ref> | ||
"Due to the purchase of the subject vehicle in used `as is' condition, the Defendant (Toyota) dealer assumed and bore no responsibility for subsequent repair of the vehicle or its road worthiness. " the plaintiff (vehicle owner) was found to be correct and the defendant (Toyota) was found liable for damages plaintiff (vehicle owner) suffered as a result of that violation<ref name=":10" /> | "Due to the purchase of the subject vehicle in used `as is' condition, the Defendant (Toyota) dealer assumed and bore no responsibility for subsequent repair of the vehicle or its road worthiness. " the plaintiff (vehicle owner) was found to be correct and the defendant (Toyota) was found liable for damages plaintiff (vehicle owner) suffered as a result of that violation<ref name=":10" /> | ||