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Related Flashcards
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Cards In This Set
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T/F in many states car dealers may exclude impliedwarranties by using expressions such as "with all faults"
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T
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T/F a buyer's guide must be displayed i nthe window of each new or used car
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F
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T/F Federal law regulates advertisements of leases
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T
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Lemon laws protect consumers who buy defective cars, whether new or used
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T
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Leasing is the least expensive way to obtain a car
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F
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The federal regulation that requres used car dealers to place warranty info in car windows is
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The used car rule
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Insurance that protects the insured's car from acts of nature, vandalism, or theft
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Comprehensive
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Standerd-form, wirrten contracts prepared by the seller for the buyer to sign are called
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Adhension contracts
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Average fuel economy standards were established by the
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Motor behicle info and cost svaings act
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Insurance that pays for damage from some type of impact to the insured car
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Collision insurance
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Insurance that protects you when another driver has insurance, but not enough to pay for any injures
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Underinsured
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Standard form contract buyers must sign and adhere to exactly as writtten in order to make the purchase
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Adhesion contract
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Insurance that pays for damage to insured car
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Collision
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Insurance that covers damage to the insured car from variety other than collision
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Comprehensive
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Bank or loan copmany taking back the car, usually due to loan default
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Repossess
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