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:
The vision and mission statement on the company's website are related to its definition of sustainability because they state that they want to produce for today, but thinking about maintaining the quality of the world, for future generations.
Explanation:
Sustainability, is a term that states that all economic, industrial, social and technological production, as well as all consumption of nature's resources must be done in a way that allows these resources and environmental quality to be preserved for the new generations, or that is, this term states that it is necessary to explore nature responsibly, thinking about today, but thinking about the future as well.
Ford Motor Company's 2016/2017 sustainability report links the company's production and mission with the commitment to sustainability. This is because this report states that Ford's production is committed to meeting the demands of today's society, but is aware that it is necessary to create a new thinking that promises the sustainability of natural resources and for this reason, its production will adopt the concept of sustainability, producing less impactfully and allowing the quality of the world for the future. Whether through milder exploration or through lower pollution rates.
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Explanation:
Answer: Cost of living adjustments
Explanation:
Cost of living adjustments could be described as a system built to seek increase benefits that affects man alongside inflation, this is done to have an upper hand against inflation. Inflation sees that prices of commodity are escalated during it's period, this would affect many individuals if there is no system to help fight for their social benefit, if this is not done the people would be really affected and won't be able to afford many product in the market. This was the measure placed during the 1970's and 1980's to help fight inflation so people are not really affected.
One is proof , I dont remember the other
