The federal statute which requires a full disclosure of the comparative costs of buying goods for cash or on credit is called the
A)Uniform Commercial Code.
B)Uniform Credit Code.
C)Consumer Credit Protection Act of 1968.
D)Complete Credit Reform Act of 2001.

Question

The federal statute which requires a full disclosure of the comparative costs of buying goods for cash or on credit is called the​
A)Uniform Commercial Code.
B)Uniform Credit Code.
C)Consumer Credit Protection Act of 1968.
D)Complete Credit Reform Act of 2001.

Quizplus · Accepted Answer

The Consumer Credit Protection Act of 1968 requires full disclosure of the terms and conditions of finance charges in transactions, ensuring consumers are informed about the costs of credit.

The Federal Statute Which Requires a Full Disclosure of the Comparative