Walser Limited Lifetime Powertrain Warranty. Available on all new car purchases and most used cars with less than 60,000 miles. Duration: Warranty is valid from vehicle sale date during the customer's lifetime or until the customer no longer owns the vehicle. Coverage: This is an inclusionary warranty which means only named components are covered. The warranty is limited to these listed parts.
Price Taker. What it is: A price taker is a person or company that has no control to dictate prices for a good or service. In the trading world, a price taker is a trader who does not affect the price of the stock if he or she buys or sells shares. The concept of a price taker is best illustrated with an example.
A market characterized by a large number of independent sellers of standardized products, free flow of information, and free entry and exit. Each seller is a price taker rather than a price maker. â The pure competition of the free market resulted in a happy customer base that was thriving with the price competition.