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Which of the Following Transactions Is Protected by the Three-Day

Question 117

Multiple Choice

Which of the following transactions is protected by the three-day rescission rights?


A) A contract for a home equity line of credit.
B) A contract for the purchase of a sofa for a home entered into at the furniture store with payments over 12 months and finance charges of 19 percent.
C) A contract for construction of a swimming pool entered into at the pool company office with payment in cash.
D) All of the above are covered by the three-day rescission rights.

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