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Assessment Task 1: Area of study 1: A market System Jono Georgiou 1. The main characteristics of the employ political machine 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 enforce auto market are durable goods. utilise elevator political machines are can be bought and interchange my LMCT, online, newspapers and private seller. 2. thither are numerous government laws and regulations on the used gondola railway machine market. An ex ample of laws that is in side in the used car market is that the dealer must(prenominal)iness will the buyer with a clear title of the car, so if the car has been stolen, the dealer must provide the buyer with a intact refund. And also must provide a three-day cooling power point (if the buyer changes their mi nd) and a three month or 5000kms stock warrant for cars built slight than 10 years ago which travelled less than 160000kms are some examples of laws and regulations that government in bum for the used car market . The reason why the governments pick out 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/ expound?R=581612&Silo=spec&Vertical=car&Ridx=0&eapi=2 . The web put assists buyers in knowlegde of the used car that they are looking at.as the website prodive near information that wo uld be needed to know when looking at a used! 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, delight vehicles, lodge and damaged cars. You can attend in mortal or bid...If you want to get a full essay, vagabond it on our website: OrderCustomPaper.com

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