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Smith Applies for an Auto Loan from His Bank and Is

Question 46

Multiple Choice

Smith applies for an auto loan from his bank and is told that to get the loan he must also purchase auto insurance from an agent approved by the bank. This practice is prohibited in most states by


A) reciprocal laws,
B) anticancellation laws,
C) anticoercion statutes,
D) tort reform,
E) service-of-process statutes.

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