Examlex
The primary facility operations focus is
FTC Rule 433
Known as the "Holder in Due Course" rule, it protects consumers entering into a credit transaction by preserving their right to assert claims against the seller, even when the debt is sold to a third party.
HDC
Holder in Due Course; a term used in the Uniform Commercial Code referring to a person who acquires a negotiable instrument in good faith and for value, thus obtaining certain rights.
Consumer's Contract
An agreement between a buyer and seller detailing the terms of a purchase, often including rights, responsibilities, and warranties specific to consumer transactions.
Valid Defense
A legally acceptable reason or argument presented in a court to counter the allegations made in a lawsuit.
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