What information must be disclosed to the buyer before signing a contract?

The correct choice emphasizes the requirement for full transparency by stating that all known material particulars must be disclosed to the buyer before they sign a contract. This requirement is grounded in the principle of fair dealing and aims to ensure that buyers make informed decisions. Material particulars may include critical information such as whether the vehicle has been in a prior accident, its current condition, and any liens against it. By requiring this disclosure, the law helps protect consumers from potential misrepresentation or hidden defects, thereby fostering trust in the sales process.

In this context, while purchase price and financing options are certainly important aspects of a vehicle sale, the broader mandate of disclosing all known material particulars encompasses these elements along with any other significant information the buyer should be aware of. Details such as the dealer's business hours and names of previous owners, while potentially useful, do not fall under the category of material particulars that directly affect the transaction or the buyer's decision-making. This distinction makes the correct choice integral to ensuring that buyers are fully informed before entering into a contractual obligation.