All of the Following Statements About the VIN Are True

question 141

Multiple Choice

All of the following statements about the VIN are true except:

• A) It is a unique serial number.
• B) It deters auto theft.
• C) It helps in accessing title history.
• D) It is made up of ten characters.

---

Definitions:

Debt Financing

The act of borrowing funds from external sources, such as banks, to finance an entity's operations or growth.

Equity Financing

The process of raising capital through the sale of shares in an enterprise, thus offering investors ownership interests.

Initial Public Offering

An initial selling of shares to the public at large.

Stock Exchange

is a marketplace where securities, such as stocks and bonds, are bought and sold.