When a Consumer Credit Contract Is Transferred to a Subsequent

question 16

True/False

When a consumer credit contract is transferred to a subsequent holder, the holder obtains all the rights just as if they were the original HDC.

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Definitions:

Data File

A file that contains data, often structured in a specific format, that can be used or processed by a computer program.

C Program

A program written in the C programming language, which is a general-purpose, procedural computer programming language.

External Files

Refer to files that are created, stored, and accessed outside of the executable program's memory space, often used for data storage, configuration, or logging.

Internal Name

A name used within a program's code to identify a variable, function, or other element, not visible to the end user.