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Compliance

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Articlesby Keith E WhannAugust 22, 2006

Welcome To The Gramm-Leach-Bliley Privacy Act

Keith Whann - “financial products and services” includes the financial institution’s evaluation of information collected in connection ...

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Articlesby Tom HudsonAugust 22, 2006

Recontracting After A Spot Delivery Transaction: What Are The Rules?

Thomas B. Hudson, Esq. - The customer has signed on the dotted line, but now you can’t find a company willing to buy the retail installment sales agreement ... What rules apply?

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Articlesby Rex A CollinsAugust 21, 2006

Year End Tax Planning Ideas For Dealers And Their Dealership

Rex Collins - The IRS is allowing dealers to treat these payments as “trade discounts” for tax purposes...

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Articlesby Rex A CollinsAugust 21, 2006

IRS: Heavy-Duty Pickups May Be Tractors

Rex Collins - In August 2004, the IRS decided that heavy-duty pickups such as the Ford 400 and 500 series vehicles ... might be tractors.

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Articlesby Rex A CollinsAugust 21, 2006

The FTC's Safeguards Rule And Combating Identity Theft

Rex Collins - Credit applications can be sold for between $30 and $60, and depending on the quality of the applicant, as much as $500...

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Articlesby Tom HudsonAugust 21, 2006

Connecticut Dealer Sues In Virginia Over Internet Sale

Thomas B. Hudson, Esq. - One of the costs of doing business over the Internet may be that the dealer finds that he or she is subject to suit in the buyer’s home state...

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Articlesby Tom HudsonAugust 21, 2006

Car Dealers And Terrorism - What Are The Rules?

Elena Lovoy - The USA PATRIOT Act contained several requirements that affected dealers. Some provisions are in force now – others have ...

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Articlesby Tom HudsonAugust 21, 2006

Sucker Pricing

Thomas B. Hudson, Esq. - With the exception of limits on the rate of finance charge in financing transactions imposed by most states ...

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Articlesby Tom HudsonAugust 21, 2006

Arbitration Patrol

Thomas B. Hudson, Esq. - From where we sit, dealers win a lot more of these challenges than they lose, and when they lose, it’s usually because they deserve to lose...

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Articlesby Tom HudsonAugust 21, 2006

Salesman's Experience Motivates Jury

Thomas B. Hudson, Esq. - ... a salesman’s experience should have alerted him to the fact that the car had suffered extensive previous damage?

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