What must be provided to a borrower if his/her loan application is turned down due to the credit score not meeting lender guidelines?

a. Adverse action notice
b. Copy of his/her credit report
c. Loan options for

Ans: a. Adverse action notice

Business

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A zero-level marketing channel typically uses a wholesaler and a retailer

Indicate whether the statement is true or false

Business

Why would "groom decides he doesn't want to get married" not be covered by a typical wedding insurance policy?

A) It is a catastrophic event, and insurance companies do not cover that. B) The groom has the right to make that decision, and therefore it is not covered under a typical insurance policy. C) It is not an independent outside event. D) The risk pool size is too small.

Business