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Teri Borrows $10,000 from USA National Bank to Remodel a Room

Question 66

Multiple Choice

Teri borrows $10,000 from USA National Bank to remodel a room in her home. If USA National Bank lends funds in the ordinary course of its business, this transaction is subject to


A) no federal law.
B) the Consumer Leasing Act.
C) the Consumer Product Safety Act.
D) the Truth-in-Lending Act.

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