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.
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The nexus requirement holds that an act that is considered joint activity must have some relationship to the act of justice that the defendant is seeking to avoid.
The prosecutor must prove that the defendant acted on the basis of common sense necessary for the crime when he committed the voluntary act (or unlawful omission) necessary for the crime.
An error as to material fact may give rise to reasonable suspicion that the defendant possessed the degree of nexus requirements in the human common sense necessary to impose criminal responsibility so that such an error would be considered a lack of evidence. It is true that it is sometimes used as a defense.
Learn more about nexus requirements at
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Answer: a. A unit amount
Explanation: A standard cost is an
estimated cost of a process, resource, or item used in a manufacturing enterprise, to manufacture or produce a product, entered in an account and compared with the actual cost so that anomalies can be detected and fixed. The standard cost is introduced in the 1920s and it can also be referred to as an alternative for traditional cost accounting method that is based on historical costs.
A criminal in compliance will
probably get an early release of up to 33% the term, while a criminal in violation might be sent to imprison for the rest of his
or her sentence.
Probation in criminal law is a time of supervision over a
wrongdoer, commanded by the court as opposed to serving time in jail. In some
wards, the term probation applies just to community verdicts.