The Loss of Value in a Car Over Time Is

question 80

Multiple Choice

The loss of value in a car over time is called

• A)maintenance.
• B)loan payments.
• C)sales payments.
• D)commissions.
• E)depreciation.

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Definitions:

Intent To Deceive

The deliberate intention to mislead or deceive someone, typically to gain a legal or financial advantage.

Certifications

Denotes official recognitions or validations that an individual has achieved a certain level of skill, knowledge, or competence, usually in a specific profession or field.

Duress

a situation where a person is compelled to act against their will or make a contract under pressure or threats, rendering the agreement potentially voidable.

Legal Consent

Agreement given based on a clear understanding of the facts and implications, recognized as valid by law.