Victims of Odometer Tampering Are Eligible to Receive Up to Triple

question 31

True/False

Victims of odometer tampering are eligible to receive up to triple the amount of their damages.

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Definitions:

Cost of Living

The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare.

Real Value

The value of an object or service adjusted for inflation, representing its purchasing power.

Nominal Value

The face value of a financial instrument or an item's price in terms of money, without adjustment for inflation or other factors.

Price Level

The ongoing average price for the economy's produced goods and services.