Debt relief agencies must comply with certain disclosure requirements.
Answer the following statement true (T) or false (F)
True
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Government regulations and administrative laws are:
a. Two different types of law. b. Two names for the same type of law. c. Very difficult to locate on the federal level. d. None of the above.
The goal of using secondary sources is to ________ you on a particular topic of law, and to direct you to the law
Fill in the blank(s) with correct word
A borrows $50,000.00 from Bank and pledges real property as security. After the loan, A sells the property to B, who buys subject to the mortgage. B then defaults on the mortgage loan. Under the following example, which of the following statements is/are true?
A. Bank may foreclose on property. B. Bank can sue A to recover debt. C. Bank cannot sue B to recover debt. D. A cannot sue B for reimbursement if A pays Bank. E. All of the above F. None of the above
Andy is convicted of committing a misdemeanor. He is punished by incarceration for six months. He will serve his time in:
a. A federal prison b. A local jail c. A state prison d. A federal work facility