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The Truth-In-Lending Act Does NOT Apply to Which of the Following

Question 413

Multiple Choice

The Truth-in-Lending Act does NOT apply to which of the following:


A) a $5,000 loan to a friend
B) a $25,000 loan to a friend
C) a transaction with no finance charge and fewer than 4 installment payments
D) a consumer credit transaction of $30,000 that does not involve real estate
E) all of the other choices are correct

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