What is the Magnuson-Moss Warranty Act?

QUESTION: What is the Magnuson-Moss Warranty Act?
ANSWER: 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. It also affects both the rights of consumers and the obligations of warrantors under written warranties.
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.