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Veterinary Practice Manager

Category - CVPM

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In what area do “Truth in Lending” laws primarily affect a veterinary hospital, in regards to accounts receivables?

Loans originated by the veterinary hospital, whether secured or unsecured
Loans secured by hospital property
Billing and interest charges
Personal loans granted to the practice owner or any party with financial interest in the hospital

Explanation

Answer: C- Billing and interest charges are the areas that “Truth in Lending” laws primarily affect a veterinary hospital, in regards to accounts receivables.

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Veterinary Practice Manager

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Veterinary Practice Manager

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