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Under Regulation M, What Is a "Consumer Lease

Question 185

Multiple Choice

Under Regulation M, what is a "consumer lease"?


A) Any lease of $25,000
B) A consumer lease for $25,000 or less with an option to own the property after the lease expires
C) A consumer lease for $25,000 or less for the use of personal property
D) Any consumer or agricultural lease for $25,000 or less

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