Project #30979 - BUS-C110-0

Answer each of the following prompts or respond in a substantive manner to another student's post.

  1. The Federal Trade Commission: Powers and Law Governing Deceptive Acts:   Go to the FTC website and look at its most recent annual report. Find a description of a loan modification scam.  Ask yourself whether leaving it up to individual consumers to sue the scammers, using common law, would create greater good for society.
  2. Entering Into A Credit Transaction - Describe what the Fair Credit Reporting Act is and what its impact is for the consumer in general?
  3. Priorities - What is the general rule regarding priorities for the right to repossess goods encumbered by a security interest when there are competing creditors clamoring for that right?  Does this make sense to you? 
  4. Uses, History, and Creation of Mortgages - What role did the right of redemption play in courts of equity changing the substance of a mortgage from an actual transfer of title to the mortgagee to a mere lien on the property?

Subject Business
Due By (Pacific Time) 05/18/2014 12:00 am
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