Under the Truth-In-Lending Act, If a Creditor Violates Disclosure Requirements

question 149

True/False

Under the Truth-in-Lending Act, if a creditor violates disclosure requirements, liability will be imposed only if monetary damages to the consumer can be shown.

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Definitions:

Two-Way Table

A tabular format for organizing data that simultaneously categorizes subjects based on two distinct characteristics or attributes, facilitating comparative analysis.

Statistical Software

Computer applications designed to perform statistical analysis, including descriptive statistics, inferential statistics, data modeling, and graphical representation of data.

SAS Proficiency

The level of skill and knowledge in using the Statistical Analysis System (SAS) software for data analysis.

GAISE

Guidelines for Assessment and Instruction in Statistics Education; a set of recommendations for teaching statistics effectively.