Which of the Following Is True of Lemon Laws in Canada

question 74

Multiple Choice

Which of the following is true of lemon laws in Canada?

• A)They are generally the same as lemon laws in the U.S.
• B)They allow for replacement of defective parts but do not provide for a new car unless the plaintiff agrees to pay the difference between the amount received for the used car when sold and the amount charged for the new car.
• C)They guarantee the buyer of a lemon a return of all consideration.
• D)They guarantee a buyer of a lemon car a new car.
• E)Canada does not have a lemon law such as we have in the U.S.Instead,Canada has an arbitration program through which a buyer may lodge complaints.

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Definitions:

Mean

The arithmetic average of a set of values or a distribution, calculated by summing all the values and dividing by the number of values.

Organization-Level Incentive

A reward or bonus system designed to encourage and reward collective achievements of all members within an organization, aiming to drive overall organizational performance.

Profit Sharing

A company policy where employees receive a share of the company's profits beyond their regular pay, serving as an incentive and reward.

Gainsharing

A type of incentive plan where employees receive bonuses based on the cost-saving or performance improvements they help achieve for the company.