Answer:
Under the Truth in Lending Act a consumer obtains a loan that is secured by a principal residence the has the right to rescind in three business days with the exception of a purchase and construction of a principle residence. This statement is TRUE.
Explanation:
The 'Truth in Lending Act' ( TILA) ensures that there is a specific way informed to use credit cards. It promotes the exposure of its terms and costs so that there is a standard way of calculating the cost of loan borrowing. This is a federal law in which lenders are required to provide clients with all the information of loan cost so that they can compare various loans that are given.
Under this act, debtors can cancel certain transactions for a period of three days from the date of transaction or the date from which notice has been given of their right to withdraw, whichever is later. Thus, the statement is TRUE.
D. is the correct answer. The Stamp Act taxed many printed items in the Colonies, and required that most printed materials be printed on stamped paper and produced in London. Many colonists thought this was unfair as the Parliament of Great Britain was imposing a tax upon the colonies without a say from the colonies themselves. This is where the phrase "taxation without representation" derives from.
Answer:
Because they will have more control of the laws and bills being passed and overall more power in the house
Explanation:
Rite of passage: This is a ritual that is done to celebrate a change in a person's social status or role in society. In some cultures, it can also be considered a coming-of- age ritual. For example, in Congo, Africa, adolescents are painted blue to signify a rite of passage.
