Agricultural Economics Department
Date of this Version
1995
Citation
Journal of Agricultural and Resource Economics, 20(1): 135-145 [1995]
Abstract
Distinctive new provisions of tractor lemon laws which create obligations and provide penalties for defective self-propelled agricultural equipment are contrasted with provisions of automobile lemon laws. Lemon-law obligations involve both producers' guarantees to provide consumers with a serviceable vehicle and producers' promises to remedy defects. Due to fewer manufacturer obligations under the tractor lemon laws as opposed to automobile lemon laws, tractors may be expected to have more defects than automobiles. Yet the tractor lemon laws contain fewer penalties in the form of restitution remedies. The inconsistences of these obligations and penalties suggest tractor laws may be inefficient.
Included in
Agribusiness Commons, Agricultural and Resource Economics Commons, Automotive Engineering Commons, Food Studies Commons
Comments
Copyright 1995 Western Agricultural Economics Association. Used by permission.