Which of the following acts requires disclosure of finance charges in terms of an annual percentage rate and requires that interest rates be calculated in a uniform manner in consumer credit transactions?
A) Equal Credit Opportunity Act
B) Fair Credit Billing Act
C) Truth-in-Lending Act
D) FTC Act
Correct Answer:
Verified
Q48: The FTC:
A) and an advertiser can enter
Q49: Northstar Sporting Goods sells consumer goods to
Q50: The National Highway Traffic Safety Administration:
A) recalls
Q51: Most lemon laws define a lemon as
Q52: The Consumer Product Safety Commission:
A) only has
Q54: The federal Truth-in-Lending law:
A) requires the lender
Q55: Since 1976, the Food and Drug Administration
Q56: Under state law in many states and
Q57: The Federal Trade Commission Act allows the
Q58: Lemon laws are generally understood to be
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