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The Consumer Leasing Act applies to the lease of tangible consumer goods, but only if the lease is for more than one ( 1 )

The Consumer Leasing Act
applies to the lease of tangible consumer goods, but only if the lease is for more than one (1) year
requires the creditor to disclose the aggregate costs of leasing consumer goods
does not require the lease agreement to define the consumer's liability
applies to the lease of tangible consumer goods, but only if the total contractual obligation exceeds $25,000
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