Acer Aspire L100 — System Not booting

I Have Bought a Desktop From Acer Aspire L 100 In March ' 2008 With A warranty Period Of 1 Year for A Investment Of Rs. 32000/- (Only for THe CPU).
Since November I Starrted Facing a Proble Of System Not Getting Booted. As Such I Gave It To The The Acer Service Centre In December 3rd Week Wherein I Have Been Informed That The System's MotherBoard Has An Problem Which Would Cost Me A investment Of Around Rs. 7000/- With No Warranty Period .
Is It Fair Enough to Invest Something Wherein We Do Not Get Warranty ?
Is It Fair Enough To Buy A product Such As Computer Which Has To Be disosed After A Period Of Just 1 Year ?
Is This A fair Business Policy?
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