Cooling off period applies to all credit transactions

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Reference no: EM132191977

True/False Questions:

Contract revocation can be valid any time prior to acceptance. ________

An advertisement that includes “0 down: no payments until June” is an example of puffing language. ________

A bilateral contract is one in which one side promises to perform in exchange for the other side’s actions. ________

The difference between fraud and misrepresentation is proof of intent. ________

The three day cooling off period applies to all credit transactions. ________

A television rent-to-own contract that requires 24 payments of $30 each before the renter owns the $199.00 television is unconscionable. ________

Reference no: EM132191977

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