Exam 39: Consumer Protection

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Sandy noticed an unauthorized electronic funds withdrawal on her bank statement.In order for her to not be liable for the withdrawal,she must notify her bank within _______ of the date of the bank statement.

(Multiple Choice)
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"Bait and switch" is

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The Equal Credit Opportunity Act makes it illegal for a lender to discriminate against a potential borrower because of race,national origin,religion,or sex,but it is permissible to treat a borrower differently if he or she is on welfare.

(True/False)
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The issue in the Kruser v.Bank of Americacase involved

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What are the three tests or elements used by the FTC to determine whether a particular act is an unfair trade practice?

(Essay)
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