California Real Estate Practice Exam

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Which of the following does not belong in the group?

  1. Truth in Lending Act

  2. Fair Credit Reporting Act

  3. Real Estate Settlement and Procedures Act

  4. Federal Reserve Act

The correct answer is: Federal Reserve Act

The Federal Reserve Act does not belong in the group because it deals primarily with the establishment and operations of the Federal Reserve System, which oversees the nation's monetary policy and banking system. The other options, on the other hand, are all federal acts related to consumer protection in areas such as lending, credit reporting, and real estate transactions.

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