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Assessment Task 1: Area of study 1: A market System Jono Georgiou 1. The main characteristics of the employ gondola market be: the players in the market who are the consumers or the buyers and the dealer or private seller. The types of goods are for sale in the utilise auto market are durable goods. utilise elevator political machines are can be bought and exchange my LMCT, online, newspapers and private seller. 2. thither are numerous government laws and regulations on the used gondola cable car market. An ex ample of laws that is in space in the used car market is that the dealer must(prenominal)iness can the buyer with a clear title of the car, so if the car has been stolen, the dealer must provide the buyer with a adept refund. And also must provide a three-day cooling check (if the buyer changes their mind) and a three month or 5000kms indorsement for cars built slight than 10 years ago which travelled less than 160000kms are some examples of laws and regulations that government in designate for the used car market . The reason why the governments prefer to intervene is because many buyers would because ripped off my used car dealers as off stooping information. 3. http://www.redbook.com.

au/cars/research/new/inside information?R=581612&Silo=spec&Vertical=car&Ridx=0&eapi=2 . The web state of affairs assists buyers in knowlegde of the used car that they are looking at.as the website prodive close information that w ould be needed to know when looking at a use! d car, like the enigne, the dimensions , if the car has a stock warrant or non and how long it is for,green infro, streeing , wheels and the standard equipement of the car. 4. Advantages; Manheim hold weekly car auctions at locations around Australia which include passenger, Government, 4WDs, commercial, clearance and prestigiousness vehicles as well as trucks, trailers, motorcycles, plant & equipment, machinery, boats, deflection vehicles, lodge and damaged cars. You can attend in mortal or bid...If you want to get a full essay, format it on our website: OrderCustomPaper.com

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