This act requires disclosure of information to help consumers compare the cost and terms of one lease of consumer goods with another and to compare the cost of leasing versus buying on credit or for cash.
A) The Fair Credit Reporting Act
B) The Electronic Funds Transfer Act
C) The Real Estate Settlement Procedures Act
D) The Consumer Leasing Act
Correct Answer:
Verified
Q138: The banking system of the United States
Q139: _ requires disclosure of the finance charge
Q140: The Fed shares its depository examining functions
Q141: The _, passed in 1968, requires the
Q142: All Federal Reserve Banks have
A) check clearance
Q144: In addition to the clearing of checks
Q145: Bank holding companies are supervised and examined
Q146: The Fed discount rate is
A) the rate
Q147: A (n) _ is necessary for the
Q148: This act sets up a procedure for
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