When the Buyer and Seller Are Unrelated and Independent, the Transaction

question 35

Multiple Choice

When the buyer and seller are unrelated and independent, the transaction is considered to be ________.

• A) a bad deal
• B) an arms-length transaction
• C) an independent contract
• D) a bribe

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Definitions:

Pilot Bearings

Bearings that guide and support the end of the transmission input shaft within the crankshaft.

Clutch Pack

Apply/release mechanisms that typically consist of clutch plates, friction discs, and a pressure plate. In a mechanical clutch pack, the pressure plate is mechanically applied. As a component within an automatic transmission, a pressure plate uses tabs that mate with grooves in the clutch drum and is applied hydraulically or electrically.

Clutch Pedal

A mechanical lever found in manual vehicles that the driver depresses to disengage the gearbox from the engine, allowing for gear changes.

Freeplay Dimension

The amount of allowable movement or slack in a mechanism before actual function begins, important for proper mechanical operation and safety.