In Relation to Consumer Credit Contracts, the National Credit Code

question 16

Multiple Choice

In relation to consumer credit contracts, the National Credit Code provides for:

• A) Rights and obligations of the parties.
• B) Full disclosure of the true cost of the credit provided.
• C) Relief for hardship and reopening of unjust transactions.
• D) All of the above.

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Definitions:

Paranoid Personality Disorder

A personality disorder characterized by persistent suspiciousness but not involving the disorganization of paranoid schizophrenia.

Suspicious

Characterized by a cautious distrust or skepticism about someone or something's motives or authenticity.

Trust

A psychological state or condition where an individual has confidence in the reliability, truth, or ability of someone or something.

Post-Traumatic Stress Disorder

A mental health condition triggered by experiencing or witnessing a traumatic event, characterized by flashbacks, nightmares, and severe anxiety.