Federal regulation of the relationship between consumers and creditors is based on an umbrella law that contains many credit laws:

a. the Truth-in-Lending Act
b. the Consumer Credit Protection Act c. the Equal Credit Opportunity Act
d. the Fair Consumer Credit Act e. none of the other choices


b

Business

You might also like to view...

Briefly discuss the constitutional safeguards of noncommercial speech.

What will be an ideal response?

Business

The entry to record the declaration of a cash dividend will

a. not affect working capital. b. reduce working capital. c. not affect total stockholders' equity. d. increase total stockholders' equity.

Business

Answer the following statements true (T) or false (F)

1. A supplier is a person or an organization that provides materials or labor to consumers. 2. Far East Chop House is an American restaurant that purchases beef from a Nebraska company that raises Japanese cattle. The Nebraska company would best be described as a distributor for the Far East. 3. Distributors have been hurt by the rise in popularity of the Internet. 4. Strategic allies may be organizations that are traditional rivals but combine their efforts to overcome a new competitor or other threat in the environment.

Business

Which of the following policies were sought by President Obama during his presidency?

a. forcing a strict emissions trading system on all U.S. companies b. establishing higher efficiency standards for vehicles c. relaxing the Stream Protection Rule d. seeking more cooperative regulation

Business