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The Federal Truth-In Lending Act (TILA): is A) Sets a legal limit on how high the Annual Percentage (APR) in a contract may be OR

The Federal Truth-In Lending Act (TILA): is

A) Sets a legal limit on how high the Annual Percentage (APR) in a contract may be

OR

B) Simply onform the debtor as to the interest rate and other terms of the contract, but does not limit the APR

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