Final answer:
The Federal Trade Commission (FTC) Used Car Rule states that a vehicle can be sold "as is," which means the dealer is not guaranteeing the condition of the car and the buyer will be responsible for any repairs or problems.
Step-by-step explanation:
The Federal Trade Commission (FTC) Used Car Rule is a regulation that requires car dealers to provide consumers with a Buyer's Guide when selling a used car. The Buyer's Guide includes important information about the car, such as whether it is being sold "as is" or with a warranty. When a car is sold "as is," it means that the dealer is not guaranteeing the condition of the car and the buyer will be responsible for any repairs or problems that arise.