Question: Barnes bought a television set from Janeway on credit. The price tag indicated a price of $ 400. Barnes signed a contract agreeing to pay

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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