QUESTION 2 Warona Co gives warranties at the time of sale to purchasers of its...
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QUESTION 2
Warona Co gives warranties at the time of sale to purchasers of its products. Under the terms of the warranty, the manufacturer undertakes to make good, by repair or replacement, manufacturing defects that become apparent within a period of three years from the date of the sale. State whether a provision should be recognized and provide reasons for your answer. (5 marks)
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