INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 25

Short Answer

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
If you die with no valid will in existence, and your property goes to the states, the property is said to be [ intestate | escheat ] to the state.

Explain the rights and obligations of consumers under the Truth in Lending Act.

Describe the legal framework surrounding credit reporting, including consumer rights to access and dispute credit information.

Identify the legal requirements and prohibitions in telemarketing and the enforcement of the National Do Not Call Registry.

Understand the protections against unfair debt collection practices.

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Definitions:

Inside

Pertaining to the inner part or space of something; often used metaphorically to refer to inward feelings or insights.

Adequate

Sufficient for a specific requirement; meeting the basic needs or standards without being excessive or lacking.

Socrates

An ancient Greek philosopher known for his contributions to ethics and epistemology, and as a pioneering figure in the field of philosophy, famous for the Socratic method.

Laws

Rules and regulations established by society, institutions, or natural phenomena, guiding behavior or processes.