Truth in Lending Act is the federal law that requires the cost of credit be disclosed to consumers in bold print on loan agreement
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Explanation:</u></h3>
The Truth in Lending Act (TILA) passed in 1968 to take care whether the consumers are treated fairly by revealing about the true cost of credit. The credit documents should be made very clear to the consumers. It does not place limitations on banks about how enough interest they may impose or whether they must give a loan.
This TILA statement includes annual percentage rate, schedule of payment and finance charges and the repayment within loan lifetime. Regulation Z is alternative name for Truth in Lending Act. Both the terms can be used in all aspects of lending and credit card purposes.
Prison labor is a form of unfree labor. It is the forced labor done by the convicts in a prison. The prisoners may have to do even hazardous labor.
Answer:
The correct answer is b. social phenomena.
Explanation:
A social phenomenon is a fact that makes man responsible for the events of community life and his own social situation, lucidly manifesting himself against the elements that condition, subdue and exploit him, in such a way that they lead him inescapably towards a transformation of its own. They are actions that come from the influence of one or more people on another person, they cover all types of interpersonal behavior (physical or oral) and the moments where two or more individuals act. These phenomena are observable and practical in the social life of being human, they also constitute the basic information for sociology; They are all the procedures that occur within a society, which can be carried out by some of its members or by its entirety.
The right answer is iron ore!
