BUSINESS FINAL EXAM QUIZ 18

BUSINESS FINAL EXAM  QUIZ 18

 (TCO 3) If Terry White would default on his loan that he was approved for in order to purchase a Chevrolet, then (Points : 4)
       an advance notice would be required before his car was repossessed.
       no advance notice would be required before repossession.
       the federal consumer credit laws would give him protection from his car being repossessed.
       he wouldn't have to pay the full balance due on his automobile loan.
       he would pay 50% of the balance due on his automobile loan.

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