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The National Credit Code Came into Force on 1 July

Question 4

Multiple Choice

The National Credit Code came into force on 1 July 2010.Most credit contracts that were in existence before that date are:


A) regulated by the Australian Competition and Consumer Commission.
B) regulated by the National Credit Code.
C) regulated by contract law.
D) regulated by the state or territory credit codes laws that applied before 1 July 2010.

Correct Answer:

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