The Food and Drug Agency is the oldest federal organization tasked with guarding consumers.
What is the Federal Magnuson-Moss Warranty Act ?
The federal statute that oversees warranties for consumer products is known as the Magnuson-Moss Warranty Act. The Act, which was passed by Congress in 1975, mandates that manufacturers of consumer goods give consumers comprehensive information on warranty coverage.
Who administers the Magnuson-Moss Warranty Act?
The FTC has enacted regulations governing the disclosure of written consumer product warranty terms and conditions on consumer products actually costing the consumer more than $15.
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