Question
1)Which of the following best describes a secured creditor? A)A lender who has no rights to sell property owned by a borrower to pay off
1)Which of the following best describes a secured creditor?
A)A lender who has no rights to sell property owned by a borrower to pay off a loan.
B)A lender who has the right to deal exclusively in corporate shares.
C)A lender who has the right to sell assets of a borrower to pay off a loan.
D)A lender who has the right to deal exclusively in commercial bonds.
2 Under the Consumer Protection Act, 2002 a business:
A)Is not required to honor any written price estimates to consumers for goods and services
B)Must honor any written price estimates to consumers for goods and services within a 5 percent margin of error
C)Must honor any written price estimates to consumers for goods and services within a 20 percent margin of error
D)Must honor any written price estimates to consumers for goods and services within a 10 percent margin of error
Please give a simple answer, no need for explanation
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