All of the Following Are Consumer Credit Protection Laws Except

question 36

Multiple Choice

All of the following are consumer credit protection laws except

• A) The Truth in Lending and Consumer Leasing Act
• B) The Equal Credit Opportunity Act
• C) The Fair Credit Billing Act
• D) The Credit Lawsuit Act
• E) The Consumer Credit Reporting Reform Act

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Definitions:

Opportunity Cost

The lost potential gain from other alternatives when one alternative is chosen.

Potential Benefit

The prospective advantage or gain that may be realized from a specific action or decision, often considered in planning and analysis.

Probability

A quantitative assessment of an event's probability, given as a number from 0 to 1.

Choosing

The act of selecting from a number of alternatives or possibilities.