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Question
Brad borrows $20,000 from City Bank to repair his home and to buy a car. Brad buys a stereo from Delta Store in a transaction financed by Delta. If these parties are subject to the Truth-in-Lending Act, Regulation Z applies toa. the car loan only.
b. the home repair loan only.
c. the retail installment sale only.
d. the car loan, the home repair loan, and the retail installment sale.
Answer
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Fact Pattern 41-1
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Fact Pattern 41-1
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