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.
Answer:
(C). the quantity demanded of a product is inversely related to its price.
Explanation:
According to the law of demand, <u>when the price of a product is high, the quantity of that product that will be demanded will be low</u>, because customers won't want to pay so much to get the product.
Similarly, <u>when the price of the product drops, the the demand for it will increase.</u>
Therefore the quantity of a product demanded is inversely related to its price.
Life liberty and the pursuit of happiness are what he lists as "natural rights". I think he meant that every human should be born with these rights and they therefore "natural". He meant that these rights come with being human, and do not have to be earned.
Gravity. It is based on mass, more mass = more gravitational attraction
A. To convince colonists to join the cause