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jek_recluse [69]
3 years ago
11

What are possible red flags or signs of a scam when buying a car?

Business
1 answer:
Ede4ka [16]3 years ago
8 0

Answer:

D- both A and C

Explanation:

- Being told your financing fell through

It's usually used to trick you to pay with cash. The scammers will position themselves as a 'helper' that can get you the car despite the fail financing. If your dealer told you this,it could be a red flag there's a chance that he/she might ran away with the money without giving you the car.

- Lengthy negotiations

This is not  a red flags. Both the sellers and the customers will always try to get the best deal possible. So often times, the negotiations will become lengthy until they eventually found a middle ground.

-  charging excessive fees

In order to be aware of this, you need to conduct individual researches so you have general idea regarding the market value of the car along with average prices for additional services.

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Henry hires ace roofing to put a new roof on his house. when ace comes, henry refuses to let them on the roof, saying that he ha
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ACE will end the contract. The home owner may be charged for default.
8 0
4 years ago
Which statement is TRUE concerning the relationship between efficiency and equity? Policies designed to increase equity will als
Orlov [11]

Answer:

Option C Policies designed to increase efficiency may decrease equity.

Explanation:

The reason is that the company if the company wants to increase its efficiency then it will have to invest in the operations that will increase its efficiency. This investment will come from raising finance either from the issuance of shares or borrowing money. So this means policies designed to increase efficiency requires investment so the option C is what the explanation is saying.

5 0
3 years ago
Read 2 more answers
A meat-packing company discovers that six months ago it unknowingly distributed meat froma humans consuming the meat however som
ratelena [41]

Answer:

The correct answer is letter "E": identity the issues raised by the situation.

Explanation:

In front of a situation where the consequences are still unknown, an organization must track the places where the cause of the possible problem -in this case, the cloned cow meat- to find out if there are claims raised in those places. If so, the company must contact the individuals involved in the complaints and verify if the problem could have been created because of their fault. If that happened the casualties must be reduced to the minimum to avoid the company getting a bad image in the market that potentially could lead to lawsuits and losses.

6 0
4 years ago
When the Federal Reserve increases the discount rate as a part of a contractionary monetary​ policy, there​ is:
andreev551 [17]

Answer:

The correct answer is C)A decrease in the money supply and an increase in the interest rate.

Explanation:

The Discount Rate is the interest rate that the Fed charges to commercial banks for 24-hour or less loans. Commercial banks turn to the FED for these loans when they are in an emergency situation, and are about to lose all reserves, and suffer a bank failure. This is why the Discount Rate tends to be higher than the federal funds rate.

If the FED increases the discount rate in order to apply contractionary monetary policy, the effect will be first a decrease in the money supply because banks will have less incentive to loan, and if they loan less, they create less money (remember than in a fractional reserve banking system banks create money), and thus, the money supply falls.

Secondly, this policy results in a higher interest rate because the less money supply, the less available loans, and the higher the interest rate on those fewer loans.

4 0
3 years ago
Jeff was in a department store standing near a clothing rack. Store security felt that he was acting suspiciously because he was
liraira [26]

Answer:

c. No; the facts of this situation do not provide reasonable grounds for a stop and search. Any attempt to do so by store security could result in a claim of false imprisonment.

Explanation:

According to the situation described in the question above, store security has no right to stop and search for Jeff. Therefore, the letter c is the most correct answer to this question.

Jeff's actions in the store do not provide sufficient reasons for there to be any kind of stop and research, as the facts in the situation do not provide enough information about an illegal act, so if store security forces a situation there could be legal damage to the store .

Therefore, it is essential that stores adopt a theft prevention strategy, with an effective security system and a team prepared to carry out correct approaches.

4 0
3 years ago
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