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Which of the Following Is Not One of the Three

question 20

Multiple Choice

Which of the following is not one of the three primary types of validity?


Definitions:

Cooling-Off Period

A legally designated time frame during which a buyer can cancel a purchase or contract without penalty.

Repudiate

The rejection or refusal to acknowledge or pay a debt, or the denial of the validity of a contract.

Credit-Reporting Agencies

Organizations that collect, maintain, and provide information about the credit history of individuals and businesses to potential creditors.

Debtors

Individuals or entities that owe money to others.

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