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This is a federal law requiring lease agreements to include required terms such as the number of lease payments and the amounts, any penalties for paying late and any lump sum payment due at the end of the agreement. … [Read more...] about CONSUMER LEASING ACT

In Roman law. During the republic, the name "consul" was given to the chief executive magistrate, two of whom were chosen annually. The office was continued under the empire, but its powers and prerogatives were greatly reduced. The name is supposed to have been derived from consulo, to consult, because these officers consulted with the senate on administrative measures. In old … [Read more...] about CONSUL

Changes in currency inflation. The price of consumer goods changes as a result of the value of currency. … [Read more...] about CONSUMER PRICE INDEX (CPI)

Courts held by the consuls of one country, within the territory of another, under authority given by treaty, for the settlement of civil cases between citizens of the country which the consul represents. In some instances they have also a criminal jurisdiction, but in this respect are subject to review by the courts of the home government. See Rev. St U. S. 4083 (U. S. Comp. St … [Read more...] about CONSULAR COURTS

A product purchased for private use. Personal use as opposed to for business. … [Read more...] about CONSUMER PRODUCT