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Business English Exercises
 

Consumer Credit

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Home > Teaching Business English > Business English Lessons, Advanced Level # 98
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consumer credit question 1
Findlaw for Small Business has prepared the following introductory information on ......... credit to a business's customers.


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470 Business English Exercises — Printable, photocopiable.
For use in a classroom, at home, on your PC or anywhere.

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consumer credit question 2
Consumer credit laws regulate how you advertise interest rates, how much time you have to respond to claims of billing mistakes, and how ......... you can be when attempting to collect a debt.


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consumer credit question 3
Mechanics' and materialmen's ......... exist in most states to provide special collection rights to those who provide services or building materials used to improve real property.


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consumer credit question 4
If the debt is not paid, the property can be ......... and sold to pay the obligation.


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consumer credit question 5
The debtor has the benefit of an 'automatic .........' immediately upon filing a bankruptcy petition, which prevents the creditor from taking any further action to try to collect the debt unless or until the bankruptcy court decides to the contrary.


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consumer credit question 6
The Truth in Lending Act helps customers know what they're ........., requiring the creditor to disclose the exact credit terms to applicants.


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consumer credit question 7
Among the items you must ......... to a consumer who buys on credit are the monthly finance charge and the annual interest rate.


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consumer credit question 8
The Credit Practices Rule prohibits creditors from using certain contract ......... that the Federal Trade Commission has found to be unfair to consumers.


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consumer credit question 9
This Rule applies to all creditors subject ......... the jurisdiction of the Federal Trade Commission.


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consumer credit question 10
Interest charged on late payments may be limited by state ......... laws controlling the amount of interest that can be charged.


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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 470 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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