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Are extended warranties a good idea?

extended good IDEA warranties
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Are extended warranties a good idea?

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The danger lies in being sold a warranty that offers little more than to which you would be entitled under statutory provision. You would need to ask questions to evaluate the benefits offered. Recent changes to the Sale of Goods Act prescribe that goods should be of satisfactory quality. One factor to be taken into account is the durability of goods. Failure to supply goods of reasonable durability would constitute a breach of contract which should be put right irrespective of any extended warranty.

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