of the following, which factor or factors would make it more likely that buying an extended warranty is a…

of the following, which factor or factors would make it more likely that buying an extended warranty is a good idea? i. the extended warranty overlaps with the manufacturers warranty. ii. the product has a high probability of needing repair in the next few years. iii. the product is a major purchase that you are unlikely to soon replace. a. i and iii b. ii only c. ii and iii d. i, ii, and iii please select the best answer from the choices provided

of the following, which factor or factors would make it more likely that buying an extended warranty is a good idea? i. the extended warranty overlaps with the manufacturers warranty. ii. the product has a high probability of needing repair in the next few years. iii. the product is a major purchase that you are unlikely to soon replace. a. i and iii b. ii only c. ii and iii d. i, ii, and iii please select the best answer from the choices provided

Answer

Brief Explanations:

  • For I: Overlapping warranties mean paying for coverage you already have, so it's not a good reason.
  • For II: If a product has a high - probability of needing repair, an extended warranty can cover those costs.
  • For III: For a major purchase that won't be soon replaced, an extended warranty can protect the long - term investment.

Answer:

C. II and III