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Violet Negotiates with Urban Credit Corporation to Obtain a Loan

Question 38

Multiple Choice

Violet negotiates with Urban Credit Corporation to obtain a loan for $85,000 to buy a home.During the negotiations,Urban Credit orally misrepresents the terms,but provides the required documents,which accurately state the terms.Violet does not read the documents.The party or parties most likely liable for a violation of the law is


A) neither party.
B) Urban Credit.
C) Urban Credit and Violet.
D) Violet.

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