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The principal function of a warranty is to________
A. Provide assurance of the level of quality to be provided
B. Provide a way to assert claims for late payment
C. Provide a way to allow additional time following acceptance to correct deficiencies, without additional costs
D. Ensure that goods purchased fit the purposes for which they are to be used
Correct Answer: A
Explanation/Reference:
Explanation:
A warranty is one party’s assurance to the other that goods will meet certain standards of quality, including condition, reliability, description, function, or performance. This assurance may be express or implied.
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