Which of the following is NOT a purpose of the Truth-in-Lending Act (Regulation Z)?
A. To give borrowers meaningful information with respect to the cost of credit.
B. Disclosure of the annual percentage rate.
C. To set maximum interest rates.
D. Provide the borrower the limited right to rescind or cancel a credit transaction.
Answer: C. To set maximum interest rates.
You might also like to view...
A company adopting a(n) ________ approach to worldwide PR activities gives the host-country practitioner maximum leeway to incorporate local customs and practices into the PR effort
A) ethnocentric B) regiocentric C) local D) polycentric E) publicity
Research on 360? feedback shows that _____
a. the best performers rate themselves highest b. the best performers rate themselves more similarly to their other raters c. the best performers don't need feedback d. the best performers resist formal feedback