End of Semester Test: Personal Finance

Type the correct answer in the box. Spell all words correctly.

Which Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions?

The ______________ Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions.

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Answer :

Final answer:

The Magnuson-Moss Act requires manufacturers and sellers to disclose service details to consumers, promoting competition and consumer awareness.


Explanation:

The Magnuson-Moss Act is the law that mandates manufacturers and sellers to provide detailed information about their service coverage, terms, and exclusions to consumers. This Act prevents practices that restrict competition and ensures that consumers have access to necessary information to make informed decisions.


Learn more about Magnuson-Moss Act here:

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