A Three-Party Exchange Is Used to Remedy a Situation in Which

question 59

True/False

A three-party exchange is used to remedy a situation in which one party wants a nontaxable exchange while the other party wishes to sell property.

Recognize the rights and procedures for disputing inaccurate information in credit reports.

Understand the role and impact of federal consumer credit laws on credit accessibility and discrimination.

Identify the key aspects and components evaluated during the lending process, including the 5 Cs of lending.

Recognize the sources that provide data to credit bureaus and the duration such information is reported.