The consumer Leasing Act of 1976 removed the Truth-In-Lending Act for the purpose of providing meaningful disclosure to consumers who lease goods.

Question

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The Consumer Leasing Act of 1976 did not remove the Truth-In-Lending Act; instead, it amended it to include provisions specifically for consumer leases, ensuring meaningful disclosure for consumers who lease goods.

The Consumer Leasing Act of 1976 Removed the Truth-In-Lending Act