BUSA Exam 2024/2025 Exam Questions
and Verified Answers | Already Graded
A+
If a store advertises a product, it must have enough stock on hand to fill
every order. - 🧠ANSWER ✔✔F
The FTC has established a national do-not-call registry. - 🧠ANSWER ✔✔T
Under usury laws, lenders are limited in amount of interest they may
charge. - 🧠ANSWER ✔✔T
Under the Trust in Lending Act, it does not matter how the information is
disclosed, so long as it is disclosed someplace on the first page of the loan
document. - 🧠ANSWER ✔✔F
A consumer reporting agency has the right to keep information in its files
secret. - 🧠ANSWER ✔✔F
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
, Which of the following statements is false? - 🧠ANSWER ✔✔If a company
cannot ship a product when promised, the company must cancel the order
unless the customer indicates he wants the item.
If you receive a product in the mail that you did not order: - 🧠ANSWER
✔✔It is a gift to you.
Zach sells Cutco Knives door to door. Which of the following statements is
false? - 🧠ANSWER ✔✔The seller can cancel orally or in writing.
Depending on state law, if a lender violates the usury laws, the borrower
could possibly be allowed to keep: - 🧠ANSWER ✔✔I, II, nor III.
Jodie is upset because her credit card bill shows a charge of $39 to a
pornographic website that she never visited. Under the FCBA: -
🧠ANSWER ✔✔The credit card company must investigate a complaint and
respond within 90 days.
Before permitting a company to issue new securities, the SEC investigates
to ensure that the company has a promising future - 🧠ANSWER ✔✔F
Small offerings of securities do not need to be registered with the SEC. -
🧠ANSWER ✔✔F
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
and Verified Answers | Already Graded
A+
If a store advertises a product, it must have enough stock on hand to fill
every order. - 🧠ANSWER ✔✔F
The FTC has established a national do-not-call registry. - 🧠ANSWER ✔✔T
Under usury laws, lenders are limited in amount of interest they may
charge. - 🧠ANSWER ✔✔T
Under the Trust in Lending Act, it does not matter how the information is
disclosed, so long as it is disclosed someplace on the first page of the loan
document. - 🧠ANSWER ✔✔F
A consumer reporting agency has the right to keep information in its files
secret. - 🧠ANSWER ✔✔F
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
, Which of the following statements is false? - 🧠ANSWER ✔✔If a company
cannot ship a product when promised, the company must cancel the order
unless the customer indicates he wants the item.
If you receive a product in the mail that you did not order: - 🧠ANSWER
✔✔It is a gift to you.
Zach sells Cutco Knives door to door. Which of the following statements is
false? - 🧠ANSWER ✔✔The seller can cancel orally or in writing.
Depending on state law, if a lender violates the usury laws, the borrower
could possibly be allowed to keep: - 🧠ANSWER ✔✔I, II, nor III.
Jodie is upset because her credit card bill shows a charge of $39 to a
pornographic website that she never visited. Under the FCBA: -
🧠ANSWER ✔✔The credit card company must investigate a complaint and
respond within 90 days.
Before permitting a company to issue new securities, the SEC investigates
to ensure that the company has a promising future - 🧠ANSWER ✔✔F
Small offerings of securities do not need to be registered with the SEC. -
🧠ANSWER ✔✔F
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
