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EDGE Tech Corp does not rent, sell, or share personal
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EDGE Tech Corp uses traffic analysis software to help us
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EDGE Tech Corp uses the latest industry standard
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1986
Peripheral Outlet is founded by 14 year-old Jeff Thompson
1991 Peripheral focuses on memory
manufacturing, selling products around the world
1991-1996 Company sales increase 650%; named
to Inc. 500 list of fastest growing private
companies memory
1996
Peripheral Outlet becomes Peripheral Enhancements
Corporation 1997 EDGE brand launches in the
U.S. 1998 Peripheral opens Dallas office and
purchases NewerRAM division 1999 Company
obtains ISO 9001:2000 certification 2001
Company launches flash card line to upgrade digital cameras and
MP3 players 2002 intel
Company launches EDGE Memory Agent channel sales program
2003 Company launches DiskGO by EDGE consumer
products line 2004 Company name changed to
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Magnuson-Moss Act - Computer Memory Upgrade
The Federal Trade Commission Magnuson-Moss Act protects
consumers. This act passed in 1975 states that tie-in sales
provisions are NOT allowed in consumer warranties.
Manufacturers cannot require consumers to purchase items or
services in order to keep their warranty valid. In other words,
you cannot be required to add the system manufacturer s
memory to maintain the warranty on the system. Also, the system
manufacturer cannot state that the system warranty is void if
other brands of peripherals are used.
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Corporation, computer, memory, upgrades, flash
The Magnuson-Moss Warranty Act is the federal law that
governs consumer product warranties. Passed by Congress in
1975, the Act requires manufacturers and sellers of consumer
products to provide consumers with detailed information about
warranty coverage. In addition, it affects both the rights of
consumers and the obligations of warrantors under written
warranties. averatec
To understand the Act, it is useful to be aware of
Congress intentions in passing it. First, Congress wanted
to ensure that consumers could get complete information about
warranty terms and conditions. By providing consumers with a
way of learning what warranty coverage is offered on a product
before they buy, the Act gives consumers a way to know what to
expect if something goes wrong, and thus helps to increase
customer satisfaction. hardware
Second, Congress wanted to ensure that consumers could
compare warranty coverage before buying. By comparing,
consumers can choose a product with the best combination of
price, features, and warranty coverage to meet their individual
needs. dual xeon
Third, Congress intended to promote competition on the basis
of warranty coverage. By assuring that consumers can get
warranty information, the Act encourages sales promotion on the
basis of warranty coverage and competition among companies to
meet consumer preferences through various levels of warranty
coverage. storage
Finally, Congress wanted to strengthen existing incentives
for companies to perform their warranty obligations in a timely
and thorough manner and to resolve any disputes with a minimum
of delay and expense to consumers. Thus, the Act makes it
easier for consumers to pursue a remedy for breach of warranty
in the courts, but it also creates a framework for companies to
set up procedures for resolving disputes inexpensively and
informally, without litigation. seagate
What the Magnuson-Moss Act Does
Not Require
In order to understand how the Act affects you as a
businessperson, it is important first to understand what the
Act does not require. First, the Act does not require any
business to provide a written warranty. The Act allows
businesses to determine whether to warrant their products in
writing. However, once a business decides to offer a written
warranty on a consumer product, it must comply with the
Act. computer sales
Second, the Act does not apply to oral warranties. Only
written warranties are covered. Third, the Act does not apply
to warranties on services. Only warranties on goods are
covered. However, if your warranty covers both the parts
provided for a repair and the workmanship in making that
repair, the Act does apply to you. Finally, the Act does not
apply to warranties on products sold for resale or for
commercial purposes. The Act covers only warranties on consumer
products. This means that only warranties on tangible property
normally used for personal, family, or household purposes are
covered. (This includes property attached to or installed on
real property.) Note that applicability of the Act to a
particular product does not, however, depend upon how an
individual buyer will use it. computer hardware
The following section summarizes what the Magnuson-Moss
Warranty Act requires warrantors to do, what it prohibits them
from doing, and how it affects warranty disputes. printers
What the Magnuson-Moss Act
Requires
In passing the Magnuson-Moss Warranty Act, Congress
specified a number of requirements that warrantors must meet.
Congress also directed the FTC to adopt rules to cover other
requirements. The FTC adopted three Rules under the Act, the
Rule on Disclosure of Written Consumer Product Warranty Terms
and Conditions (the Disclosure Rule), the Rule on Pre-Sale
Availability of Written Warranty Terms (the Pre-Sale
Availability Rule), and the Rule on Informal Dispute Settlement
Procedures (the Dispute Resolution Rule). In addition, the FTC
has issued an interpretive rule that clarifies certain terms
and explains some of the provisions of the Act. This section
summarizes all the requirements under the Act and the
Rules. technology
The Act and the Rules establish three basic requirements
that may apply to you, either as a warrantor or a seller. As a
warrantor, you must designate, or title, your written warranty
as either full or limited As a
warrantor, you must state certain specified information about
the coverage of your warranty in a single, clear, and easy-to
read document. As a warrantor or a seller, you must ensure that
warranties are available where your warranted consumer products
are sold so that consumers can read them before buying. The
titling requirement, established by the Act, applies to all
written warranties on consumer products costing more than $10.
However, the disclosure and pre-sale availability requirements,
established by FTC Rules, apply to all written warranties on
consumer products costing more than $15. Each of these three
general requirements is explained in greater detail in the
following chapters. mainframe
What the Magnuson-Moss Act Does
Not Allow
There are three prohibitions under the Magnuson-Moss Act.
They involve implied warranties, so-called tie-in
sales provisions, and deceptive or misleading warranty
terms. Disclaimer or Modification of Implied Warranties The Act
prohibits anyone who offers a written warranty from disclaiming
or modifying implied warranties. This means that no matter how
broad or narrow your written warranty is, your customers always
will receive the basic protection of the implied warranty of
merchantability. This is explained in Understanding
Warranties. samsung
There is one permissible modification of implied warranties,
however. If you offer a limited written warranty,
the law allows you to include a provision that restricts the
duration of implied warranties to the duration of your limited
warranty. For example, if you offer a two-year limited
warranty, you can limit implied warranties to two years.
However, if you offer a full written warranty, you
cannot limit the duration of implied warranties. This matter is
explained in Titling Written Warranties as Full or
Limited . computer repair
If you sell a consumer product with a written warranty from
the product manufacturer, but you do not warrant the product in
writing, you can disclaim your implied warranties. (These are
the implied warranties under which the seller, not the
manufacturer, would otherwise be responsible.) But, regardless
of whether you warrant the products you sell, as a seller, you
must give your customers copies of any written warranties from
product manufacturers. used computers
Tie-In Sales
Provisions
Generally, tie-in sales provisions are not allowed. Such a
provision would require a purchaser of the warranted product to
buy an item or service from a particular company to use with
the warranted product in order to be eligible to receive a
remedy under the warranty. The following are examples of
prohibited tie-in sales provisions. network
In order to keep your new Plenum Brand Vacuum Cleaner
warranty in effect, you must use genuine Plenum Brand Filter
Bags. Failure to have scheduled maintenance performed, at your
expense, by the Great American Maintenance Company, Inc., voids
this warranty. digital cameras
While you cannot use a tie-in sales provision, your warranty
need not cover use of replacement parts, repairs, or
maintenance that is inappropriate for your product. The
following is an example of a permissible provision that
excludes coverage of such things. desktops
While necessary maintenance or repairs on your AudioMundo
Stereo System can be performed by any company, we recommend
that you use only authorized AudioMundo dealers. Improper or
incorrectly performed maintenance or repair voids this
warranty. cognos
Although tie-in sales provisions generally are not allowed,
you can include such a provision in your warranty if you can
demonstrate to the satisfaction of the FTC that your product
will not work properly without a specified item or service. If
you believe that this is the case, you should contact the
warranty staff of the FTC s Bureau of Consumer Protection
for information on how to apply for a waiver of the tie-in
sales prohibition. hosting
Deceptive Warranty Terms
Obviously, warranties must not contain deceptive or
misleading terms. You cannot offer a warranty that appears to
provide coverage but, in fact, provides none. For example, a
warranty covering only moving parts on an
electronic product that has no moving parts would be deceptive
and unlawful. Similarly, a warranty that promised service that
the warrantor had no intention of providing or could not
provide would be deceptive and unlawful. netfinity
How the Magnuson Moss Act May
Affect Warranty Disputes
Two other features of the Magnuson-Moss Warranty Act are
also important to warrantors. First, the Act makes it easier
for consumers to take an unresolved warranty problem to court.
Second, it encourages companies to use a less formal, and
therefore less costly, alternative to legal proceedings. Such
alternatives, known as dispute resolution mechanisms, often can
be used to settle warranty complaints before they reach
litigation. internet
Consumer Lawsuits
The Act makes it easier for purchasers to sue for breach of
warranty by making breach of warranty a violation of federal
law, and by allowing consumers to recover court costs and
reasonable attorneys fees. This means that if you lose a
lawsuit for breach of either a written or an implied warranty,
you may have to pay the customer s costs for bringing the
suit, including lawyer s fees. cheap computer
Because of the stringent federal jurisdictional requirements
under the Act, most Magnuson-Moss lawsuits are brought in state
court. However, major cases involving many consumers can be
brought in federal court as class action suits under the
Act. digital camera
Although the consumer lawsuit provisions may have little
effect on your warranty or your business, they are important to
remember if you are involved in warranty disputes. printer
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