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Betty Likes to Shop Using Her Credit Cards

Question 79

Essay

Betty likes to shop using her credit cards.
a. What provisions of the Truth-in-Lending Act apply to the use of credit cards?
If Betty's account at Trevor's Department Store suddenly shows a $200 charge that she did not
b. make and she notifies Trevor's in writing of the error, what must Trevor's do under the Fair
Credit Billing Act?

Correct Answer:

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a. The common law rule was caveat emptor or...

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