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Which of the Following Statements About the Truth-In-Lending Act Is

Question 343

Multiple Choice

Which of the following statements about the Truth-in-Lending Act is (are) true?


A) it limits the interest rates that may be charged
B) it prohibits the use of appraisal fees
C) it does not apply to many loans over $25,000
D) it requires all consumers be offered identical credit terms
E) all of the other choices are true

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