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Lesson 23-1 Review

Lesson 23-1 Review

Assessment

Flashcard

Business

11th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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30 questions

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1.

FLASHCARD QUESTION

Front

the process of getting a new- or used-car loan prearranged through your bank or credit union

Back

preapproval

2.

FLASHCARD QUESTION

Front

an alphanumeric number that identifies each vehicle manufactured or sold in the United States

Back

vehicle identification number (VIN)

3.

FLASHCARD QUESTION

Front

What is used to verify that a vehicle meets the minimum clean-air standards? Options: preapproval, vehicle identification number (VIN), vehicle emission test, invoice test, car-buying service

Back

vehicle emission test

4.

FLASHCARD QUESTION

Front

the manufacturer's suggested retail price (MSRP) shown on the tag in the car's window

Back

sticker price

5.

FLASHCARD QUESTION

Front

the price the dealer paid for a car

Back

invoice price

6.

FLASHCARD QUESTION

Front

a service that allows you to choose the vehicle features you want, and a professional car buyer takes over the price negotiation for you

Back

car-buying service

7.

FLASHCARD QUESTION

Front

high-priced, high-profit dealer services that add little or no value to an automobile

Back

dealer add-ons

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