Buying a car from a dealer with a set price (a no-haggle dealer) is usually more stress-free and less time consuming.

Question

Question 48 options:

True

False
Question 49 (2 points)
Financial institutions provide home equity loans up to a maximum of 70 percent of the value of the equity in a home.
Question 49 options:

True

False

Answer 1

For Question 48: True
Buying a car from a no-haggle dealer typically reduces stress and saves time since the price is set and negotiation is not necessary.

For Question 49: False
While some financial institutions may offer home equity loans up to 70 percent of the value of the equity in a home, this is not a universal standard and can vary by lender. Many lenders may offer up to 80-90 percent, depending on various factors. Always check with specific financial institutions for their terms.