Barnes bought a television set from Janeway on credit. The price tag indicated a price of $

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Barnes bought a television set from Janeway on credit. The price tag indicated a price of $ 400. Barnes signed a contract agreeing to pay for the set in 12 monthly payments of $ 40 each. The contract contained no other terms. Did the contract violate the Truth in Lending Act?
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Business Law Principles and Practices

ISBN: 978-1133586562

9th edition

Authors: Arnold J. Goldman, William D. Sigismond

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