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tangare [24]
3 years ago
7

The main purpose of the Truth in Lending Law is: A) Disclosure, because it requires lenders to disclose to buyers the true cost

of obtaining credit. B) Disclosure, because it requires borrowers to disclose to lenders any and all financial and material facts that could influence their ability to qualify for a loan. C) To prevent any Federal or State Fair Lending Violation. D) To ensure that the buyer and seller in a residential real estate transaction involving a new first mortgage loan have knowledge of all settlement costs.
Social Studies
2 answers:
pickupchik [31]3 years ago
6 0

Answer:

A) DIscolsure, beacuse it requires lenders to disclose to buyers the true cost of obtainng credit.

Explanation:

The Lending Law was estalished in 1968, as a way to regulat certain unethical practices in lending, and was originally known as Regulation Z.

bija089 [108]3 years ago
3 0

Answer:

The correct answer is option A) Disclosure, because it requires lenders to disclose to buyers the true cost of obtaining credit.

Explanation:

The Truth in Loans Act (TILA) is a federal law enacted in 1968 to help protect consumers in their dealings with lenders and creditors. Some of the most important aspects of the law refer to the information that must be disclosed to the borrower before extending the credit, such as the annual percentage rate (APR), the term of the loan and the total costs to the borrower. This information must be visible in the documents submitted to the borrower before signing.

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Answer:

3. The Supreme Court redefined what constitutes a handgun under the Second Amendment

Explanation:

When the Supreme Court enforced the decision in all states that individuals have the right to own a firearm at home for self-defense, the Supreme Court redefined what constitutes a weapon under the Second Amendment.

This is because it is the second amendment that establishes the citizen's directory and duty to provide their own security through firearms. In other words, according to any citizen amendment, regardless of gender or color, being of legal age and being psychologically healthy, you can have a firearm that guarantees your personal safety whenever necessary.

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3 years ago
Which is a reason many Georgia plantation owners favored secession?
RUDIKE [14]

fear that abolition would end their way of life

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2 years ago
A group's way of thinking, including its beliefs, values, and other assumptions about the world, is classified as material cultu
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Material culture are physical objects or artifacts that surround people.
4 0
3 years ago
5. Which Georgia governor is being described by these statements?
BabaBlast [244]
B. Eugene Talmadge. Hope this helped

8 0
3 years ago
How did the Kelly-Bessemer process help make iron and steel production better?
Vlada [557]

Answer: D) It shot air into the molten iron, making it hotter and eliminating impurities.

The Kelly-Bessemer process consists of removing impurities from the iron by oxidation with air that is blown through the molten iron. This raises the temperature of the iron mass and keeps it molten. The Kelly-Bessemer process was the first inexpensive industrial process for the mass production of steel.

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6 0
2 years ago
Read 2 more answers
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