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: A. A person who has directed advice relating to securities to 6 individuals in that state within the past 12 months, even though he has no place of business within the state.
C) A person who limits advisory services exclusively to issuers of securities in that state while maintaining no office therein
D) A person whose home office is in the state and who manages less than $90 million in assets
Explanation:
Investment advisers are the individuals who makes recommendations on investment or helps in conducting security analysis in exchange for a fee.
It should be noted that under current law, the people who will be required to register as an investment adviser in a state must have given investment advise to people in the state within the past 12 months and also have their home office in that particular state.
Based on the information, the correct answers are A, C and D.
Answer: Communist countries.
Explanation:
In this case, what is characteristic is the fact that the countries of Eastern Europe were communist after the war. In that part of the world, the Soviet Union had a great influence, and therefore the spread of communism in that part of the world is evident. The Soviet Union put pressure on many countries to maintain communist ideals. By the 1990s, communism would gradually become extinct in that part of Europe, and countries would establish democracy. In some countries, the fall of communism passed quietly and without violence (such as Czechoslovakia), while in others, the fall of communism was accompanied by wars (Yugoslavia).
