Lemon Laws,which Assist Consumers Who Have Purchased Automobiles That Turn

question 25

Multiple Choice

Lemon laws,which assist consumers who have purchased automobiles that turn out to be "lemons,":

• A) are enacted by state legislatures.
• B) are enacted by Congress.
• C) are included in the warranty provisions of the UCC.
• D) come from common law equitable remedies.

---

Definitions:

Base Year

A reference year against which economic growth, inflation, and other economic indicators are measured to assess changes over time.

A W Phillips

An economist known for the Phillips Curve, which suggests an inverse relationship between unemployment and inflation rates.

Unemployment Rate

The quota of the working-age population that is without a job and searching for one.

Rate Of Change

A measure that determines the extent to which a quantity grows or declines over a particular period of time, often expressed as a percentage.