Tim buys a high-powered tool from Binford Tools to use on the construction of his own garage. Binford Tools provides a full warranty on the tool for the first six months. To pay for the tool, Tim signs a negotiable promissory note which contains the FTC Consumer Credit Notice. Binford properly negotiates the note to First Finance. Within three weeks, the tool stops working and Binford refuses to
repair or replace it. In the meantime, First Finance demands payment from Tim. Under the Federal Trade Commission rules, this consumer credit situation means First Finance
a. can collect if it is a holder in due course.
b. can collect if it is not a holder in due course.
c. can collect whether or not it is a holder in due course.
d. cannot collect.
d
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Traffic shaping ________
A) limits the amount of some types of traffic B) does not admit some types of traffic C) both A and B D) neither A nor B
The fourth period of major regulatory change which started in the 1970s focused on the ________
a) introduction of social regulation b) introduction of economic deregulation to several industries c) extension of regulation to labor markets and industries d) regulatory bodies at the state level and extension to federal level