Which of the following errors in disclosure in a residential mortgage loan gives the consumer borrower a three-year right of rescission?
A)A mistake in the APR?
B)?A mistake on the interest rate
C)?A mistake on the amortization provisions of the loan
D)?All of the above
D
You might also like to view...
A(n) ________ occurs when Kirin Albers trades Max Lynch three hours of babysitting his three-year-old daughter for fixing the hole in his porch roof
A) differential benefit B) promotion C) exchange D) collaborative consumption E) virtual trade
Which theory challenges the assumption that leaders treat followers in a collective way?
A. LMX B. skills C. trait D. style
What group designs accounting information systems and focuses on analyzing and interpreting information?
a. Certified Internal Auditors b. Accounting Clerks c. Bookkeepers d. Accountants e. Record Keepers
Fanny's employer has a qualified pension plan. The employer makes all payments into the plan; employees do not contribute to the plan. During the current year, the employer pays $4,000 into the plan on behalf of Fanny. The plan also earns $3,000 during the year on the balance in Fanny’s retirement account. Which of the following statements is true? I.Fanny is not taxed on the $4,000 in the current year.II.Fanny is not taxed on the $3,000 in the current year.?
A. Only statement I is correct. B. Only statement II is correct. C. Both statements are correct. D. Neither statement is correct.