A College Student Is Taking a Full Course Load,working 20

question 51

Multiple Choice

A college student is taking a full course load,working 20 hours per week,and still has to take out a student loan to cover tuition.One day,he sees a classmate driving a new Lexus LFA sports coupe (price: $375,000) and feels he just has to have one for himself.What factor is most likely to prevent a successful marketing exchange between the student and the local Lexus dealer located in an affluent suburb about 20 miles from his university?

• A)The local Lexus dealer only has one Lexus LFA sports coupe in stock-red,which is the color he wants.
• B)The student does not have the resources to qualify for a $375,000 auto loan.
• C)Although the Lexus LFA sports coupe is a great car,there may be other cars with better gas mileage and resale value.
• D)He's afraid that if someone at school sees him with the car,he might lose his student loan.
• E)His girlfriend wants him to drive a Kia Soul.

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Definitions:

Leased Premises

Property rented under a lease agreement, where the lessee has the right to occupy and use the property for a specified term.

Rent Default

The failure to pay rent as stipulated in a lease agreement, potentially leading to eviction or legal action.

Eviction Proceedings

The legal process by which a landlord obtains a court order to remove a tenant from a leased property due to a violation of the lease agreement.

Abandoned Premises

Property that has been left empty or unclaimed by its owner or tenant for a period of time, typically implying neglect or the intention not to return.