Under the FTC's Used Car Rule the Buyer's Guide Need

question 404

Multiple Choice

Under the FTC's Used Car Rule the Buyer's Guide need NOT contain:

• A) a statement of the terms of any warranty offered with the car
• B) prominent statement of whether the dealer is selling the car "as is" and, if so, that the consumer must pay for any repairs needed after buying the car
• C) warning that oral promises are difficult to enforce, with a suggestion to get all promises in writing
• D) a suggestion that the consumer ask for an independent inspection of the car
• E) all of the other choices are required

Recognize the importance of estate planning as part of financial planning and retirement planning.

Understand the consequences of inadequate estate planning, including the potential failure of last-minute efforts.

Realize that estate planning is necessary regardless of marital status or wealth level.

Acknowledge the need for legal advice and the potential costs involved in estate planning.

---

Definitions:

Postbox Rule

The Postbox Rule, also known as the mailbox rule, is a legal principle that determines the moment at which an offer is considered accepted, typically the moment the acceptance is sent.

Binding Contract

A legal agreement between two or more parties that is enforceable by law.

Entores Ltd.

A landmark case in contract law that established the principle that an acceptance of an offer becomes effective when communicated.

Telex

A communication network system used to send text messages through a network of teleprinters, historically significant before the advent of modern digital communications.