A securities license is required for a life insurance producer to sell

When a licensee negotiates a loan secured by real property, the licensee must deliver a mortgage loan disclosure statement to the borrower:

A: Within 3 days of the time the borrower signs it; B: When it is signed by the borrower; C: Within 24 hours of the time the borrower signs it; D: When escrow closes.

Social Security tax rates are progressive, similar to the federal income tax rates

Indicate whether the statement is true or false