Warranty adjustment program
Term · Law · MLC-T-LAW-005202
A manufacturer-initiated plan to address a widespread, non-safety-related product defect by offering extended warranty coverage or repair reimbursement to affected owners. These programs cover specific components for a defined period or mileage beyond the original factory warranty, but only for the particular issue identified. Unlike a safety recall mandated by an agency like the National Highway Traffic Safety Administration, participation is voluntary and the defect is not considered an unreasonable risk to safety.
| Identifier | MLC-T-LAW-005202 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-005202",
"term": "Warranty adjustment program",
"field": "Law",
"definition": "A manufacturer-initiated plan to address a widespread, non-safety-related product defect by offering extended warranty coverage or repair reimbursement to affected owners. These programs cover specific components for a defined period or mileage beyond the original factory warranty, but only for the particular issue identified. Unlike a safety recall mandated by an agency like the National Highway Traffic Safety Administration, participation is voluntary and the defect is not considered an unreasonable risk to safety.",
"url": "https://mlchart.com/terminology/law/warranty-adjustment-program/"
}
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