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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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:
A. Christian virtue ethic
Explanation:
St. Augustine of Hippo was the first Christian who attempted to create a cohesive moral philosophy compatible with Christian thought. Augustine developed his ethical perspective based on the teachings of Plato. Augustine believed that the human being is a soul, contained by a body which he employs as a means to achieve spiritual ends. He also argued that the highest happiness available to men was that of joining God in Heaven. He also refined the doctrine of the original sin, and thus, of salvation.
Greek culture was spread throughout the non-Greek world.