Examlex

Solved

Choose the Word or Phrase in [ ] Which Will

question 89

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Buying collision and comprehensive auto insurance from the dealer selling you the car is considered to be a [good | bad] idea.


Definitions:

Usury Laws

Regulations that impose caps on the interest rates that can be charged on loans, designed to protect consumers from excessive rates.

Price Control

The regulation or limitation of prices by governmental laws or policies, typically to control inflation, stabilize the economy, or ensure affordability of essential goods.

Economic Rent

Earnings in excess of the minimum required to keep a factor of production in its current use, often derived from unique advantages.

Demand For Land

The economic desire or need for land for various purposes such as agriculture, residential, commercial, or industrial developments.

Related Questions