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 manufacturer’s 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 II