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Question
Which of the following statements is true of the Truth-in-Lending Simplification Act?
A. It restricts statutory penalties to failures to disclose credit terms that are of material importance in credit comparisons.
B. It requires statutory penalties to be based purely on technical violations of the act.
C. It eliminates the need for model disclosure forms issued by the government.
D. It restricts state laws from allowing private lawsuits against deceptive advertisements.
E. It prohibits companies from the practice of redlining.
Answer
This answer is hidden. It contains 211 characters.
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