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CARFAX Is a Company That Compiles and Sells Histories of Used

Question 266

Multiple Choice

CARFAX is a company that compiles and sells histories of used cars. Used car dealers offer to give their customers a copy of the CARFAX history of the cars in their inventory to


A) give buyers additional information about used cars for sale.
B) give sellers additional information about used cars for sale.
C) cause adverse selection.
D) avoid having to offer warranties.

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