Costs to Store a Vehicle for a Short Period of Time

question 28

Multiple Choice

Costs to store a vehicle for a short period of time after an auto dealer fails to complete the contract to purchase the vehicle would be:

• A) compensatory damages.
• B) incidental damages.
• C) consequential damages.
• D) punitive damages.

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Definitions:

Arbitration Language

The specialized vocabulary and terms used within arbitration proceedings to facilitate effective dispute resolution.

Dumping

The selling abroad of goods at prices lower than the prices of the goods sold domestically in the country of origin.

Special Import Measures Act

Legislation designed to protect Canadian industries from unfair trade practices like dumping and subsidizing.

Customs Tariff Act

Legislation that outlines the taxes or duties to be paid on imported or exported goods.