Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Federal Trade Commission (FTC)regulation: cannot fine a seller who fails to include the FTC notice in the note or contract doesn't apply to persons
The Federal Trade Commission (FTC)regulation:
cannot fine a seller who fails to include the FTC notice in the note or contract
doesn't apply to persons who sell to consumers on credit
is designed to protect consumers against operation of the holder in due course rule.
is designed to make the consumer subject to all claims and defenses of a potential holder.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started