1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aksik [14]
3 years ago
6

Standard Bank gives John a substantial loan to purchase a new home. This credit transaction is governed by the Truth in Lending

Act (TILA), which requires that certain written disclosures be made before a credit transaction is consummated. The TILA disclosure statement specifies the amount of $15,000, which represents the sum of interest charges John will be required to pay along with the principal amount of $100,000. This specification best exemplifies the _____.
Business
1 answer:
netineya [11]3 years ago
6 0

Answer: finance charge

Explanation: The True in Lending Act (TILA) of 1968 is a Untied States federal law that was created to promote informed customers credit, certain written disclosure be made known before a transaction be consummate.

The fee john is requested to pay by the TILA disclosure statement is the "finance charge ". Standard bank is give John loan and the transaction will be govern by the TILA.

You might be interested in
On the end-of-period spreadsheet, Supplies has a balance of $2,000 in the Unadjusted Trial Balance Debit column and an adjustmen
Mademuasel [1]

Answer:

$1,500

Explanation:

On the end-of-period spreadsheet, the credit adjustment of $500 is made in the Debit balance of Supplies inventory, which will net off the values and resulted Supplies Inventory value will be $1,500 at the end of the year and it will be reported on the financial statements. $1,500 should be appeared for supplies in the adjusted Trial Balance column.

7 0
3 years ago
The model and concepts used to develop the economics of __ are similar to those used to illustrate the effects of:
zhuklara [117]

Answer:international trade: trade between individuals

Explanation:

I got it right

8 0
2 years ago
Can you help with 1040 form for acct 130 class
Len [333]

Answer:

what is the question lol? I could probably help you out !

6 0
2 years ago
If a market is semistrong-form efficient, this implies that above-average returns cannot be achieved by analyzing publicly avail
Shkiper50 [21]

Answer:True

Explanation:

6 0
3 years ago
1. The efforts of one good worker
melisa1 [442]

Answer:

Modeling

Explanation:

The efforts of one good worker can often motivate others to reach their potential through a process called modeling. In this process, the person who is setting an example and motivating others to achieve the very best of their potential serves as the best role model for others. When people work in an organization, or in any team or groups, modeling plays an important part there. Managers can motivate their employees and get best and maximum out of them in order to get the work done effectively and efficiently.

5 0
2 years ago
Other questions:
  • Shaun Barringer has started on his first job. He plans to start saving for retirement. He will invest 4,133 at the end of each y
    8·1 answer
  • Which of the following statements is definitely true when price is less than average total cost for a firm producing the profit-
    8·1 answer
  • After asking yourself what you are good at and what you enjoy doing, you will be able to discover:
    5·2 answers
  • Many ironworkers are also experienced in what other skills? (Select all that apply.)
    8·1 answer
  • Mr. Merritt lists 6 key traits of a leader. What are they
    5·1 answer
  • Keynes believed that Question 8 options: Say's law would hold in a laissez-faire economy. the economy would always be near or on
    10·1 answer
  • Jarrod's Meat Shop doubles as a butcher shop and a sandwich shop that sells to both individuals and a nearby hospital system. On
    14·1 answer
  • Hey...tal.k anyone ......
    14·2 answers
  • Bonita Industries issues 4400 shares of its $5 par value common stock having a fair value of $20 per share and 6400 shares of it
    11·1 answer
  • What is true regarding long-term and short-term bonds (assume they have the same par value and coupon rate)?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!