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Ed Repays His Debt,incurred to Buy Consumer Goods,to First City

Question 58

Multiple Choice

Ed repays his debt,incurred to buy consumer goods,to First City Bank and immediately files a written request for a termination statement.First City


A) must comply within one month of receipt of the letter.
B) must comply within twenty days of receipt of the letter.
C) must refund $500 to Ed.
D) need not comply.

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