Since Dr. Crist is a cardiologist, she performs many high-cost procedures, which require her patients to establish a monthly payment schedule. Her office extends credit in accordance with the Truth in Lending Act. Based on extending credit, the practice may be considered a:

Question

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Dr. Crist's practice may be considered a "Red flag creditor" because extending credit to patients in accordance with the Truth in Lending Act involves the practice in activities that require compliance with the Red Flags Rule, aimed at preventing identity theft.

Since Dr Crist Is a Cardiologist, She Performs Many High-Cost Procedures