Which One of the Following Is Not a Key Requirement

question 10

Multiple Choice

Which one of the following is not a key requirement that a credit provider must include in its pre- contractual statement to a prospective borrower?

• A)Details regarding any insurance cover that is to be financed under the credit contract.
• B)All credit fees and charges that are or may become payable.
• C)Details regarding the credit provider's legal advisers.
• D)The method and frequency of interest charges.

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Definitions:

Manifest Destiny

A 19th-century doctrine or belief that the expansion of the US throughout the American continents was both justified and inevitable.

John O'Sullivan

John O'Sullivan was a journalist and editor who coined the term "Manifest Destiny" to promote the belief that the United States was destined to expand across the North American continent.

Divinely Appointed Mission

A task or purpose believed to be assigned by a divine power, often invoking a sense of duty, destiny, or moral calling.

Telegraph Wire

A medium used historically for transmitting telegraphic messages through electrical signals over long distances.