If Extended Warranties Are Not Worthwhile, Are They Ethical?

business_ethics_highlights_2Extended warranties are often a bad deal, and sometimes a ridiculously bad deal. If they’re so bad, is it unscrupulous of stores to offer them? Why or why not? Is this really a question with regard to which the old slogan, caveat emptor (“buyer beware”) makes sense? >>>

LINK: When buying the ridiculously expensive extended warranty makes sense (by Chris MacDonald in Canadian Business)

…extended warranties on small electronics are generally a bad deal. So what about the ethics of offering such crummy warranty deals to customers? In general, I think it’s ethically fine to offer such warranties, even though they’re generally a bad deal….

What do you think?


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