Fact Pattern 31-1A24-Hour Credit Corporation issues high-cost and high-fee mortgage products to people, including Benny, who could not easily obtain credit under other loan programs.Refer to Fact Pattern 31-1A. Under federal law, disclosures with respect to one of 24-Hour Credit's loans must be provided
A. a certain number of days after the loan is finalized.
B. a certain number of days before the loan is finalized.
C. at the same time at which the loan is finalized.
D. at whatever time is most rational and appropriate.
Answer: B
You might also like to view...
Identify four wrap-up activities that are included in the closure process.
Fill in the blank(s) with the appropriate word(s).
Which power is perceived by many leaders as a negative power and is usually used as a last resort?
A. coercive power B. expert power C. referent power D. legitimate power
Based on the following information, calculate the dividend yield on common stock Market price per share $20.00 Earnings per share 4.00 Dividends per share 1.00 Investor's cost per share 15.00
A) 0.033 B) 0.05 C) 0.20 D) 0.067
What is the underlying premise of The United Nations 1948 Universal Declaration of Human Rights?
a. Wider protections of the rights of individuals of diverse backgrounds transcends national context b. Nations should limit their protections to those appropriate to their dominant culture c. Discrepancies between laws and common practices need to be documented and rationalized d. Religious rights and freedoms are the only fundamental rights that should be protected