63. The Fair Credit Reporting Act allows you to check your credit for free every year with each credit reporting True False True False True False 64. The four elements of a contract are offer, acceptance, consideration and specificity 65. The four elements of negligence are duty, breach, causation and damages 66. A business person must have a basic knowledge of the law in order to fully protect his or her interests regardless 67. Understanding law is way too complicated for the average person and must be left to the experts, ie, duly 6s. If your wages are already being garnished for child support, a creditor is limited to only 10% more or an 69. If a private foreclosure is made on residential real property, the creditor is typically entitled to a deficiency of whether o5 aot access to legal representation is available on a day to day basis. True False licensed attormeys True False additional $200 whichever is greater, under a general wage gamishment True False judgment for the value of the claim less the sale price of the real property True False 70. In bankruptcy, you can use the Federal exemptions or the state exemptions where you file, but you cannot use True False True False the trustee as a preference 71. The automatic stay issued in bankcruptcy stays the payment of all debts, including child and spousal support. 72. Any payments made within 90 days of a bankruptcy filing to creditors are subject to a demand of repayment to True False 73. Fraudulent tranafers in a bankruptcy can be voided if they were made within 2 years of the fling or were made with actual intent to hinder, delay or defraud a creditor True False