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Under the Home Ownership and Equity Protection Act, If a Creditor

Question 113

Multiple Choice

Under the Home Ownership and Equity Protection Act, if a creditor does not give the debtor notice of the three-day cooling off period the debtor's right of recission:


A) doubles in duration.
B) triples in duration.
C) extends to three years.
D) extends to three months.

Correct Answer:

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