Braun asked the genesee bank for a loan of 100000 to expand, Management Theories

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Braun asked the genesee bank for a loan of 100000 to expand

Question: 1. Braun asked the Genesee Bank for a loan of $100,000 to expand her business. Must the bank disclose to Braun the finance charge and annual percentage rate?

2. 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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Management Theories: Braun asked the genesee bank for a loan of 100000 to expand

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Management Theories: Braun asked the genesee bank for a loan of 100000 to expand

Reference No:- TGS02290340

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