According to Recent Research Findings,the Quotation of the APR to Customers

question 91

True/False

According to recent research findings,the quotation of the APR to customers on the loan they are requesting usually discourages consumers from shopping around.

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Definitions:

Agent

An individual authorized to act on behalf of another person or entity, often in a legal or business setting.

Question of Fact

A legal term used in lawsuits to denote an issue that requires the examination of evidence to determine the truth.

Traffic Light

A traffic light is a signaling device positioned at road intersections, pedestrian crossings, and other locations to control the flow of traffic by assigning the right of way according to a universally understood color code.

Premeditation

The act of planning or plotting in advance, often used in legal contexts to imply forethought prior to committing a crime.