Examlex
In 1994, researchers Herrnstein and Murray published a controversial book entitled ________ in which they implied that people from lower socioeconomic classes are poor because they are less intelligent.
Consumer Debt
Personal debt incurred for the purchase of goods and services not considered investment assets.
Consumer Protection
Laws and measures designed to safeguard consumers from unfair, deceptive, or harmful practices in the marketplace.
Cooling-Off Period
A legally designated time frame during which a buyer can cancel a purchase or contract without penalty.
Repudiate
The rejection or refusal to acknowledge or pay a debt, or the denial of the validity of a contract.
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