Author Question: Consider the following statutory language: The General Assembly finds that many consumer contracts ... (Read 26 times)

BRWH · **on:** Aug 3, 2018

Consider the following statutory language: The General Assembly finds that many consumer contracts are written, arranged, and designed in a way that makes them hard for consumers to understand. Competition would be aided if these contracts were easier to understand. The intent of this legislation is most likely to promote:

A. Plain English legislation
B. Plain Meaning legislation
C. Parol Evidence legislation
D. Promissory Estoppel legislation

Question 2

In this variety of mortgage loan, a borrower holds the title to the property and the lender places a lien against the property through the use of a mortgage document:

A. Equity theory jurisdiction
B. Legal theory jurisdiction
C. Lien theory jurisdiction
D. Title theory jurisdiction