The Federal Trade Commission has found that low-interest dealer financing
A)
usually benefits the consumer.
B)
violates federal credit laws.
C)
has often been denied single females.
D)
is often provided in place of the typical dealer discount.
D
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Any breach allows the nonbreaching party to cancel the contract.
Answer the following statement true (T) or false (F)
In the ordinary course of business, Xtra Credit Company sells goods to Yvon and other consumers on credit under installment sales contracts that typically require at least one year of monthly payments. Xtra does not disclose all of the credit terms to its customers. This is most likely to result in
A. a cease-and-desist order. B. a fine. C. no sanctions. D. rescission of the contracts.
EU laws prohibiting gender discrimination are much more progressive than those in the United States
Indicate whether the statement is true or false
Agents of the Software Agency (SA) check companies to be sure all the software they use is properly licensed, not copied. SA agents arrive at Bob's Drugs to conduct an inspection. Bob asks the agent to see her search warrant, otherwise he will not admit her. The SA contends that a warrant is not needed to conduct a routine search to see if SA regulations are being followed. The Supreme Court is
likely to say that warrants by SA officials are: a. not needed to search property regulated by Congress given its authority under the commerce clause b. not needed to search business property because the Fourth Amendment (search and seizure) only applies to persons and their property c. not needed because the Third Amendment (quartering of federal officials) allows entry into property by government officials as needed for law enforcement purposes d. needed to search business property because the Fourth Amendment (search and seizure) applies to businesses as well as persons e. needed because the Third Amendment (quartering of federal officials) does not allow entry into property by government officials for law enforcement purposes without a warrant