Which of the Following Is(are)regulated by the Federal Government

question 79

Multiple Choice

Which of the following is(are) regulated by the federal government?

• A) cost of used cars
• B) cost of new cars
• C) dealer mark up on new cars
• D) odometer disclosure on used cars
• E) all of the above

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Definitions:

Unauthorized Signature

A signature made without the expressed permission of the person whose name is signed, often considered illegal or invalid.

Cancellation

The act of calling off or terminating an agreement, reservation, or contractual obligation before its completion.

Obliged Party

A person or entity that is contractually or legally required to fulfill certain duties or obligations.

Ratified

Official approval or confirmation of an agreement, treaty, or contract by all parties involved.