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The National Credit Code Applies to a Credit Contract When

Question 3

Multiple Choice

The National Credit Code applies to a credit contract when:


A) the debtor is a natural person and the credit is wholly or predominantly for personal or domestic purposes.
B) the debtor is a natural person and the credit is wholly or predominantly for the purchase of a residential investment property.
C) the debtor is a strata corporation and the credit is wholly or predominantly for personal or domestic purposes.
D) one or more of the above exist.
E) A or B above exist.

Correct Answer:

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