Understanding Business and Personal Law

Chapter 16: Owning a Vehicle

Chapter Overviews

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You may already have purchased your first car. The experience was probably exciting, yet nerve-racking. One of the first steps in buying a car is deciding how much you can afford to pay. Some people are able to pay cash; others have to finance the vehicle. The Federal Trade Commission (FTC) gives consumers protection when they buy vehicles on credit. When you have made the automobile purchase, you should carry insurance. After studying this chapter, you will be able to make better decisions when it comes to purchasing a car.

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