law 5 - $2.5 trillion Which of the following prevents debt...

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Which of the following would not be governed by the Truth-in-Lending Act? C) Sheila borrows money from her boyfriend to buy a television. Which of the following is a part of the finance charge? D) Loan finder fees. When the Bureau of Consumer Protection recommends that a case be brought against a violator, ________ of the FTC commissioners must vote to authorize official FTC action by the Bureau of Consumer Protection. B) 3. Kathy has been mugged and her credit card was stolen. Under which of the following will her liability be defined? A) The Fair Credit Billing Act. In 2008, total consumer credit debt in the United States is over ________. D)
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Unformatted text preview: $2.5 trillion. Which of the following prevents debt collection agencies from using abusive or deceptive collection practices? D) Fair Debt Collection Practices Act. The paper filed by the debtor that begins the bankruptcy proceeding is called a: A) Voluntary petition. When a debt collector seeks to locate a debtor who has moved, it is called: D) Skip-tracing. Which of the following requires that suppliers of consumer credit fully disclose all terms before an account is opened or a loan is made? C) Truth in Lending Act. The Federal Trade Commission administers which of the following? B) The Magnuson-Moss Warranty Act....
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This note was uploaded on 09/11/2011 for the course TERM 1 taught by Professor Smith during the Spring '11 term at FIT.

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law 5 - $2.5 trillion Which of the following prevents debt...

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