Would You Buy a Warranty for This?

I bought this binder for $6.50 (on sale from $8.99).  When I was checking out, the cashier asked me if I wanted to buy the warranty on it for $2.50. 

For a second, I thought she was kidding.  A $2.50 warranty on a $6.50 binder?  Or even on an $8.99 binder?

I said, “Oh…no thanks.”

I thought warranties [...]

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