A formal guarantee that a product will not break within a year, and if it does the company will replace it, could be considered a form of:

Question

(1 point)
Responses

compliance.

compliance.

contract.

contract.

bankruptcy.

bankruptcy.

discrimination.

Answer 1

A formal guarantee that a product will not break within a year, and if it does the company will replace it, could be considered a form of:

contract.

A guarantee is typically a legally binding agreement between the company and the consumer, specifying the conditions under which the product will be repaired or replaced.