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Shep Buys a Car from His Neighbor, Tyrone, for $8,000

Question 77

Multiple Choice

Shep buys a car from his neighbor, Tyrone, for $8,000 and agrees to make monthly payments of $800 until the price is paid. This transaction is sub?ject to


A) the Fair and Accurate Credit Transactions Act.
B) the Fair Credit Reporting Act.
C) the Truth-in-Lending Act.
D) none of the choices.

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