menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 3
  4. Exam
    Exam 41: Consumer Law
  5. Question
    The Truth-In-Lending Act Applies to a Loan Between Two Consumers
Solved

The Truth-In-Lending Act Applies to a Loan Between Two Consumers

Question 66

Question 66

True/False

The Truth-in-Lending Act applies to a loan between two consumers because in that transaction, the lender is a person who in the ordinary course of business is extending credit.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q61: A creditor can always require the signature

Q62: Home Made Inc. advertises a variety of

Q63: The Federal Trade Commission actively monitors online

Q64: EZ Workout Inc. advertises Fit Step, an

Q65: Spicy Salsa Inc. complains to the Federal

Q67: Bee borrows funds from Credit Union to

Q68: QT Collection Agency calls Rob several times

Q69: Quik Mart sells groceries. Rite Price sells

Q70: A consumer may recover under a state

Q71: The federal agency that oversees the practices

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines