alimony received and child support payments are not considered
sources of income.
|
||
questions concerning plans for children should be asked before
sanctioning credit.
|
||
if
the credit is refused, the creditor, on demand, must disclose the
reasons for rejection.
|
||
the creditor must ask all credit applicants for a statement of
marital status.
|
||
a
spouse is required to cosign irrespective of the other spouse's
creditworthiness.
|
Fair Credit Reporting Act
|
||
Consumer Leasing Act
|
||
Truth in Lending Act
|
||
Fair Credit and Charge Card Disclosure Act
|
||
Credit Card Accountability, Responsibility, and Disclosure
Act
|
True
False
open listing
|
||
fee simple estate
|
||
estate for years
|
||
tenancy at will
|
||
periodic tenancy
|
The Restatement of the Law of Contracts
|
||
The Uniform Commercial Code
|
||
Implied in law
|
||
Case law
|
||
International Sale of Goods
|
Answer :
Equal Credit Opportunity Act (ECOA)
if the credit is refused, the creditor, on demand, must disclose the reasons for rejection.
according to this act the creditor should not do discrimination among the applicants.
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Fair Credit and Charge Card Disclosure Act
In the year 1989 Fair Credit & Charge Card Disclosure Act amended the TILA.
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True
The UCC gives permit to the sellers to exclude warranties in whole or in part.
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tenancy at will
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Restatement of the Law of Contracts
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