If each of the following loans would otherwise normally require compliance with the Federal Truth-in-Lending Act, which one would be exempt on the basis of the type of loan itself:
A: An agricultural loan by a bank;
B: A $10,000 signature loan from a consumer finance company;
C: A VA loan from a federally-chartered savings and loan association;
D: A $15,000 loan from a credit union for home improvement purposes.
Answer: A: An agricultural loan by a bank;
Business
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