Congress Passes the Magnuson-Moss Warranty Act
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Government and Politics, Economics
- Subcategories: Business, Trade, Commerce, Laws, Acts, Legislation, Industry, Manufacturing, Factories
- Curriculum: American History 1951-present
- Geographical Location: Washington, D.C.
- Date: January 4, 1975
Article abstract: The Magnuson-Moss Warranty Act imposed important requirements on manufacturers and sellers that offer written warranties to consumers.
Summary of Event
The Magnuson-Moss Warranty Act of 1975 imposed important disclosure requirements upon sellers that provide written product warranties to consumers, addressed and sought to simplify the procedures for enforcing such warranties, and limited or proscribed certain common practices of product warrantors. This act, the first major federal effort to reform warranty law, represented the...
[The entire page is 2111 words long]
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