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AFIP FEDERAL EXAM PART 1 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A++ 
 
Federal Trade Commission 
What does FTC stand for? 
Franchise New 
What does the FTC manage? 
Consumer Financial Protection Bureau 
What does CFPB stand for? 
Independent Used, buy here pay here, finance sources 
What does CFPB manage? 
$51,744 
FTC 2024 fine for violations 
Unfair Deceptive Acts or Practices 
What does UDAP stand for? 
Unfair Deceptive Abusive Acts or Practices 
What does UDAAP stand f...
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ALIMENTARY AFIP MINIBOARDS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A++ 
25. Lesions caused by cantharidin toxicosis in horses include: 
 
1. Urinary bladder hemorrhage 
2. Gastrointestinal tract ulcers 
3. Cardiac muscle necrosis 
 
A. 1 
B. 1,2 
C. 1,2,3 
D. 2,3 
E. 3 
25: C, 
McGavin, et al Thomson's Special Veterinary Pathology, p. 38, 2001 
16. In horses, gastrointestinal epithelial sloughing, hemorrhagic ulcers of the urinary bladder, and myocardial necrosis ar...
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AFIP STUDY EXAM ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 
 
Although not specifically required by Truth in Lending Act or Reg. Z, an installment sale contract may contain an acceleration clause. This is a contract provision that allows the finance source who accepted assignment of the installment sale agreement to require the customer to pay all or part of the outstanding balance if certain requirements are not met. 
TRUE 
What are the three required elements of a contract?...
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NERVOUS SYSTEM AFIP MINIBOARDS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A++ 
 
Bovine thrombotic meningoencephalitis is caused by: 
A. Arcanobacter pyogenes 
B. Actinomyces bovis 
C. Haemophilus somnus 
D. Aspergillus flavus 
C 
Lesions of pseudorabies in pigs include: 
1. Nonsuppurative meningoencephalitis 
2. Intranuclear inclusion bodies in neurons 
3. Neuronal necrosis 
4. Ganglioneuritis 
5. Fibrinoid vascular necrosis 
 
A. 1 
B. 1,2 
C. 1,2,3 
D. 1,2,3,4 
E. 1,2,...
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AFIP CERT 2024 EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 
 
The three elements of a contract 
Offer, acceptance, and consideration 
Cannot enforce a contract against a customer unless it is 
signed by the customer. 
Under the Revised Used Car Rule the requirements regarding Spanish Language transaction includes which of the following provision 
a. English version of buyers guide there's a sentence that says if you want a Spanish version just ask for it 
b. If the sales trans...
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AFIP STATE LAWS - RETAIL EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 
 
What are the primary laws including licensing laws, which govern this type of credit sale? 
The Motor Vehicle Sales Finance Act, the Credit Reform Act, the Motor Vehicle Retail Installment Sale Act, and the Motor Vehicle Code. 
For how long must records be retained? 
2 years 
Must finance charges be computed on a precomputed or simple interest basis? 
Either 
What is the maximum finance charge that may be cha...
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LAB ANIMALS AFIP MINIBOARDS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 
 
6. Mycoplasma coccoides is transmitted by which of the following in mice? 
a. Polypax serrata 
b. Demodex musculi 
c. Ornitonyssus bacoti 
d. Trichoecius romboutsi 
6. A P&B:87 
= eperytrozoon coccoides 
3. In rats, infection with Clostridium piliforme is associated with lesions in all of the 
following organs EXCEPT: 
A. Ileum 
B. Heart 
C. Liver 
D. Cecum 
E. Mesenteric lymph nodes 
3. D 
Percy & Barthol...
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AFIP CERTIFICATION EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 
 
What does UDAP stand for? 
Unfair, Deceptive Acts or Practices 
Who is the primary enforcer of consumer laws within a state. The organization a dealer would most likely encounter? 
Attorney General 
If we treat consumers fairly and ethically, then there is ______________ on the government to enact legislation and write additional rules. 
Less Pressure 
Which organizations in our industry does the Federal Trade Com...
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AFIP QUIZ AND ANSWERS WITH COMPLETE SOLUTIONS 100% GUARANTEED PASS 
 
Who is the primary enforcer of consumer laws within a state. The organization a dealer would most likely encounter 
Attorney General 
What does UDAP stand for? 
Unfair, Deceptive Acts or Practices 
Which organizations in our industry does the consumer financial protection bureau (CFPB) oversee 
Independent Used Dealers, Buy Here Pay Here, Lease Here Pay Here, Finance Sources 
Which organizations in our industry does the Federa...
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LIVER AFIP MINIBOARDS EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A++ 
 
21. In sheep, obstruction of small bile ducts by birefringent crystals occurs with intoxication by: 
 
A. Hairy vetch (Vicia villosa) 
B. Klein grass (Paicum co/oratun) 
C. Bracken fern (Pteridiun aquilinum) 
D. Poison hemlock (Conium maculatum) 
E. St. John's wort (Hypericum perforatum) 
21. D 
Straw, et al. Diseases of Swine, p. 240, 1999 
10. Ovine white liver disease is caused by a dietary defi...
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