Which of the Following Is True Regarding the Manager's Statement

question 5

Multiple Choice

Which of the following is true regarding the manager's statement that Robby's only recourse is against Connie?

• A) The manager is correct.
• B) The manager is incorrect only if Robby has a writing signed by a representative of the repair shop guaranteeing the safety of the car.
• C) The manager is correct only if Connie can be found.
• D) The manager is correct only if Connie's deal was for less than 10% of the fair market value of the car.
• E) The manager is incorrect, and Robby can sue ABC Motors.

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Definitions:

Monthly Payments

Regular payments made every month on a loan or mortgage over a set period, often including interest and principal.

Years

Units of time that represent the period it takes for the Earth to complete one orbit around the Sun, commonly used to measure durations or age.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of retirement planning to provide a steady income.