What Are the Last Two Steps in the Auto Purchase

question 26

Multiple Choice

What are the last two steps in the auto purchase process?

• A) Analyze needs vs.wants and do your homework
• B) Comparison shop and negotiate a deal
• C) Do your homework and comparison shop
• D) Shop for financing and close the deal

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Definitions:

Domestic Supply

The total amount of a product or service that is available for consumption or use within a domestic market.

Trade Restrictions

Regulations imposed by governments to limit the free exchange of goods and services across borders, including tariffs, quotas, and embargoes.

Specific Tariff

A specific tariff is a fixed fee imposed by a government on each unit of imported goods, based on quantity rather than value.

Lump-Sum Tax

A fixed amount of tax that an individual or business is required to pay, regardless of income or transaction value.