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balandron [24]
3 years ago
8

Under the Truth in Lending Act a consumer obtains a loan that is secured by a principal residence the has the right to rescind i

n three business days with the exception of a purchase and construction of a principle residence. True or false?
Social Studies
1 answer:
Alina [70]3 years ago
6 0

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.

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PART 1
NNADVOKAT [17]

The issue identified in this scenario is that of negligence. Lauren should be attending to the children rather than ch.atting about other topics. Lauren should be looking at her class, not the corridor.

<h3>What is negligence?</h3>

Negligence refers to a scenario in which a person who has been entrusted with the duty of care of a person or persons becomes careless in their assignment.

It is a hazardous scenario because  in the time spent talking over non-work issues, an accident could occur.

Learn more about negligence at;
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3 0
2 years ago
A tree diagram. The outcomes are (h, h, h), (h, h, t), (h, t, h), (h, t, t), (t, h, h), (t, h, t), (t, t, h), (t, t, t).
Solnce55 [7]

Answer:

Number of possible outcomes when a coin is tossed 3 times = 8

Number of outcomes which include exactly one tail = 3

Explanation:

Given: When a coin is tossed three times, the outcomes are (h, h, h), (h, h, t), (h, t, h), (h, t, t), (t, h, h), (t, h, t), (t, t, h), (t, t, t)

To find: number of possible outcomes when a coin is tossed 3 times

number of outcomes which include one tail

Solution:

An outcome is a result of an experiment. An event can have more than one possible outcome.

Number of possible outcomes when a coin is tossed 3 times = 8

Outcomes that include exactly one tail are (h, h, t), (h, t, h), (t, h, h).

Number of outcomes which include exactly one tail = 3

4 0
3 years ago
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"Printers are educated in the belief that when men differ in opinion, both sides ought equally to have the advantage of being he
lisabon 2012 [21]
I believe it is the first amendment because he is talking about the freedom of the press
3 0
3 years ago
A cashier gives one person a $5 bill and 15 $1 bills in exchange for a $20 bill. He gives a second person a $10 bill, a $5 bill,
Aleksandr-060686 [28]

Answer:

1. divisibility

Money can be divided into different smaller values in order to exchange for certain goods or services. Because goods or services come in different range of value, the amount paid for each item also varies. Therefore, money must come in different proportion so that the exchange could be done smoothly.

2. a loan add-on

An interest rate is an additional fee to be paid on top of the actual cost of a loan such as cash, consumer goods, or assets such as vehicle and building. This is the income the lender gets for lending money or goods. It could be paid monthly or annually depending on the deal the lender and borrower agree upon.

3. The government prints too much money.

Printing too much money especially in paying debts will surely trigger inflation. Inflation is defined as a general increase in prices and fall in the purchasing value of money. If there is more demand but less supply, the prices of such commodities also increase.

4. That there has been a decrease in the demand for cars

If interest rates begin to drop over time for car loans, there is a tendency that there has been a decrease in the demand for cars. The car company uses this technique as a marketing strategy to lure possible buyers.

5. Maria will be given a raise, but Thomas will not.

Maria has more chances of being promoted because she is consistent in her performance and is a fast worker having more call volume of 30% compared to Thomas. In addition, Maria is driven by her desire to go more than answering phone calls. The management sees the difference between the two workers and will reward the one who deserves it.

6. wage

Wage is defined as a fixed regular payment, typically paid on a daily or weekly basis , made by an employer to an employee, especially to a manual or unskilled worker. Compound interest, principal and interest are all part of the financial investment and are not a payment form.

7. develop and market a new product

An entrepreneur is a businessman. He or she is out to start or make business of selling a product, be it goods or services. Therefore, his or her expected action would be to create or produce a product and sell it to prospect buyers.

8. entrepreneurs risk going bankrupt trying to meet their business’s costs

Entrepreneurs are risk takers. Successful entrepreneurs are never afraid of taking risks. However, the cost of putting up a business and maintaining it is indeed "costly." If the sales and promotions fail, there is a tendency to go bankrupt which is literally losing what you have invested.

9. Carrie could take a course on the computer program that her job uses

The lack of experience with newer computer programs that slows down Carrie's work can be solved by taking a course on the computer program that her job uses. It may cost her some money but she could regain the money spent on the training as she would soon be able to do her job well and at par with her coworkers.

8 0
3 years ago
Which term describes retrieval of information with clues to help?
Strike441 [17]

The term that best describes retrieval of information with clues to help is Recognition, which means a test of long-term memory that involves identifying correct information out of several possible choices. It is the best framing of the question.


<em>All the answers mentioned are related to memory</em> (the mental processes that enable us to retain and use information over time) in psychology.

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3 years ago
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