Competition for luxury brands must be defined narrowly
Indicate whether the statement is true or false
FALSE
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________ issues participation certificates, and ________ provides federal insurance for participation certificates
A) Freddie Mac; Freddie Mac B) Freddie Mac; Ginnie Mae C) Ginnie Mae; Freddie Mac D) Ginnie Mae; Ginnie Mae E) Freddie Mac; no one
Marge Henderson was very unhappy when she took her six-month-old "Puma" automobile back to Maximum Deal Auto, the dealership where she purchased the auto. It was the sixth time she had returned the car to get the seller to fix a stalling condition that plagued the vehicle. This time the engine stalled while she was driving on a freeway and she nearly had an accident. Which of the following is
true? a. If the state where she purchased the car has a "lemon law," and she complies with its requirements, she may be able to receive a full refund of the price she paid for the car. b. As this will be the sixth time the dealership has repaired the car for the same continuing problem, her written auto warranty no longer covers the repairs and she will be required to pay for the labor and any parts replaced. c. If the stalling of the automobile engine is caused by a defective part from a supplier vendor, neither the Puma manufacturer nor Maximum Deal Auto is legally responsible. d. all of the above