Exam (elaborations)
MICHIGAN STATE AFIP EXAM LATEST QUIZZES & ANS!!
- Course
- Institution
MICHIGAN STATE AFIP EXAM LATEST QUIZZES & ANS!!
[Show more]
Content preview
MICHIGAN STATEAFIP EXAM
LATEST QUIZZES
& ANS!!
Evatee 9/15/24 AFIP
, MICHIGAN STATE AFIP EXAM LATEST QUIZZES
& ANS!!
Installment sale and consumer lease agreements must be available in English.
Answer - True
Before taking any collection against the _____ the creditor has to send the
____, by first class mail, a notice indigating the primary obligor has become
delinquient and the _____ is responsible for payment obligation. Answer -
cosigner
When it comes to document prep fees they are permitted if charged for both
cash and credit sales. They cannot exceed _______ Answer - 5% of cash price
or $220, whichever is less.
The state of MI imposes installment sales contract it has to include the
following: Answer - 1. Do not sign this contract if it's blank
2. You are entitled to a true copy of the contract you signed without charge.
3. Warning: The insurance hereunder does not cover liability to persons or
damage to property unless indicated heron
The seller or sellers agent is required to sign the contract at the time the buyer
signs it Answer - True
The seller or sellers agent MUST give the buyer a copy of the executed contract
at the time the contract is executed. Answer - True
The maximum finance charge is ___ for all vehicles. Answer - 25%
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now