Asked by Barbara Circle on May 05, 2024
Verified
Even though Spice gives her four-year-old car to Homeless Helpers Charity,she:
A) need not provide an odometer statement.
B) must provide an odometer statement.
C) need not provide an odometer statement,since the car is not over 15 years old.
D) must set the odometer to zero before resale.
Odometer Statement
A declaration regarding a vehicle's mileage indicated by its odometer, often used in the sale or transfer of vehicles to ensure transparency about its use.
- Acquire knowledge of responsibilities and legal mandates in consumer dealings.
Verified Answer
JP
Jnaya PowellMay 07, 2024
Final Answer :
B
Explanation :
Spice must provide an odometer statement when donating her car to the Homeless Helpers Charity, as required by the Federal Odometer Law. This law mandates that the transferor of a motor vehicle with a weight of 10,000 pounds or less must disclose the vehicle's mileage to the transferee and provide a written statement that specifies the mileage reading at the time of the transfer.
Learning Objectives
- Acquire knowledge of responsibilities and legal mandates in consumer dealings.
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