which According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?

which According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?
by

1 Answer

Answer :

A.Annual fee amountB.APRC.APYD.Interest calculating method
by

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Regulation Z of the federal Truth in lending act applies to

Description : Regulation Z of the federal Truth in lending act applies to

Last Answer : Need Answer

An auditor's examination performed in accordance with generally accepted auditing standards generally should a. Be expected to provide assurance that illegal acts will be detected where internal control is effective. b. Be relied upon to disclose violations of truth-in-lending act. c. Encompass a plan to search actively for illegalities which relate to operating aspects. d. Not be relied upon to provide assurance that illegal acts will be detected

Description : An auditor's examination performed in accordance with generally accepted auditing standards generally should a. Be expected to provide assurance that illegal acts will be detected where internal control is ... aspects. d. Not be relied upon to provide assurance that illegal acts will be detected

Last Answer : Not be relied upon to provide assurance that illegal acts will be detected

What are the bank qualifications for small business lending?

Description : What are the bank qualifications for small business lending?

Last Answer : Before going to speak to someone about business lending, it is a good idea to have a written out copy of your business plan, along with the business's most recent financial statements, a repayment plan, and what you can offer as collateral.

Which among (he following is not the outcome of decrease in prime lending rate? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Description : Which among (he following is not the outcome of decrease in prime lending rate? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Last Answer : (3) decline in productivity Explanation: Prime rate or prime lending rate is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate ... falls to meet the new lower demand. Less output requires fewer worker, driving unemployment higher.

A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Description : A type of loan, where the bank or the lending institution provides the borrower with a loan that helps the borrower to pay off his all previous debts is termed as ________ A. Debt Recovery B. Debt Settlement C. Debt Management D. Debt Consolidation

Last Answer : D. Debt Consolidation Explanation: Debt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others.

The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Description : The practice of lending money to unrelated individuals, or “peers”, without going through a traditional financial intermediary such as a bank or other traditional financial institution is called__________ A. B2B transactions B. C2C transactions C. P2P lending D. PPP Model E. P2P Investing

Last Answer : C. P2P lending Explanation: P2P lending, is the practice of lending money to individuals or businesses through online services that match lenders directly with borrowers.

What is the term for a bank without any branch network that offers its services remotely? A. Internet only Banks B. Direct Bank C. Lending Institution D. Indirect Bank E. Online Bank

Description : What is the term for a bank without any branch network that offers its services remotely? A. Internet only Banks B. Direct Bank C. Lending Institution D. Indirect Bank E. Online Bank

Last Answer : B. Direct Bank Explanation: A direct bank is a bank without any branch network that offers its services remotely via online banking and telephone banking and may also provide access via ATMs ... savings which they may pass on to clients via higher interest rates or lower service charges.

Which of the following will impair the independence of a CPA in public practice? a. He has his name and address listed on a one-page section of the telephone book. b. He obtained a loan from a bank under the normal lending procedures, terms and requirements of that bank. c. He holds one share of the client's capital stock. d. He failed to disclose a client's departure from GAAP.

Description : Which of the following will impair the independence of a CPA in public practice? a. He has his name and address listed on a one-page section of the telephone book. b. He obtained a loan from a bank ... one share of the client's capital stock. d. He failed to disclose a client's departure from GAAP.

Last Answer : He holds one share of the client's capital stock.

The minimum amount of------------------,irrespective of such private participation,could be specified at a minimum 17.5 per cent of project costs by lending institutions. A. bank loans B. promotors contribution C. fixed capital D. working capital

Description : The minimum amount of------------------,irrespective of such private participation,could be specified at a minimum 17.5 per cent of project costs by lending institutions. A. bank loans B. promotors contribution C. fixed capital D. working capital

Last Answer : B. promotors contribution

Which of these are not the duties of EXIM Bank? (a) Lending/Guarantee ; (b) Advisory ; (c) Promotional ; (d) Trading activities

Description : Which of these are not the duties of EXIM Bank? (a) Lending/Guarantee ; (b) Advisory ; (c) Promotional ; (d) Trading activities

Last Answer : ; (d) Trading activities

How does a commercial bank create money (a) By printing money ; (b) By lending a part of its deposits ; (c) By issuing ATM cards (d) Accepting deposits

Description : How does a commercial bank create money (a) By printing money ; (b) By lending a part of its deposits ; (c) By issuing ATM cards (d) Accepting deposits

Last Answer :  (b) By lending a part of its deposits ;

Which among the following is not the outcome of decrease in prime lending rate ? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Description : Which among the following is not the outcome of decrease in prime lending rate ? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Last Answer :  decline in productivity

An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage financial experts familiar with the nature of the business entity. b. Obtain a knowledge of matters that relates to the nature of the entity's business. c. Refer a substantial portion of the audit to another CPA who will act as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Description : An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage financial experts familiar with the nature of the business entity. ... as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Last Answer : Obtain a knowledge of matters that relates to the nature of the entity's business.

An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage, financial experts familiar with the nature of the business entity. b. Obtain a knowledge of matters that relates to the nature of the entity's business. c. Refer a substantial portion of the audit to another cpa who will act as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Description : An auditor who accepts an audit engagement and does not possess the industry expertise of the business entity, should a. Engage, financial experts familiar with the nature of the business entity. ... as the principal auditor. d. First inform management that an unqualified opinion cannot be issued

Last Answer : Obtain a knowledge of matters that relates to the nature of the entity's business.

The phrase in our opinion in the auditor’s report is intended to inform users that auditors a. Guarantee fair presentation of the financial statements. b. Act as insurers of the accuracy of the financial statements. c. Certify the material presented in the statements by management. d. Based their conclusions about the statements on professional judgment

Description : The phrase in our opinion in the auditor's report is intended to inform users that auditors a. Guarantee fair presentation of the financial statements. b. Act as insurers of the ... presented in the statements by management. d. Based their conclusions about the statements on professional judgment

Last Answer : Based their conclusions about the statements on professional judgment

Am I obligated to tell credit card companies my income?

Description : Am I obligated to tell credit card companies my income?

Last Answer : I don’t answer them. Like you, I pay up monthly and don’t want higher limits.

Is one obligated to pay for these clothes in this situation?

Description : Is one obligated to pay for these clothes in this situation?

Last Answer : It mostly depends on the purchase agreement. Was there an agreed delivery date? If so, there is no reason to pay again.

Am I doing something wrong by refusing to serve in a military where service is obligated?

Description : Am I doing something wrong by refusing to serve in a military where service is obligated?

Last Answer : Supposedly Donald Trump had heal spurs and dodged the Vietnam draft ,and he became president of the USA. He gets ribbed on a little bit but he is doing fine.

Are ask-publicites obligated to be on here everyday? What do you think is reasonable?

Description : Are ask-publicites obligated to be on here everyday? What do you think is reasonable?

Last Answer : answer:I can't even fathom who would suggest anyone is obligated to do anything around here. But if you're having a private message tiff with another member, or someone is being a general abusive ass to you, ... I would say that's more than I'd expect of anyone else. This should be fun, not work.

Why do I feel obligated to have a party for my birthday?

Description : Why do I feel obligated to have a party for my birthday?

Last Answer : answer:Why do you have to throw a party? No one likes going to a party someone throws for themselves, because then thay feel obligated. If your friends want to celebrate your birthday, let them, but don’t throw a party for yourself.

Are blacks obligated to vote for Obama?

Description : Are blacks obligated to vote for Obama?

Last Answer : No one can claim to speak for an enormous and amorphous mass of people. Dash is entitled to her own secret ballot.

Are you aware that some news reporters are contractually obligated to deny climate change?

Description : Are you aware that some news reporters are contractually obligated to deny climate change?

Last Answer : It’s legal if you agree to the terms and get compensated for it. I would not sign such a clause, I don’t think, but then I have never been offered an obscene amount of money to be silent on something like this.

Phone etiquette: Are you obligated to answer the telephone?

Description : Phone etiquette: Are you obligated to answer the telephone?

Last Answer : No. That’s what answering machines are for… I never answer the phone until I’ve listened to the caller and determine that it’s not a salesman or robocall.

When I write a business letter to one party "through" another, can I send copies to both parties at the same time? Or am I obligated to send to the "through" party and wait for him/her to decide if the letter is worth endorsing to the ultimate addressee?

Description : When I write a business letter to one party "through" another, can I send copies to both parties at the same time? Or am I obligated to send to the "through" party and wait for him/her to decide if the letter is worth endorsing to the ultimate addressee?

Last Answer : you send the letter to the board and copy everyone else. the cc list should be at the foot of the letter.

Is a store owner legally obligated to serve all customers?

Description : Is a store owner legally obligated to serve all customers?

Last Answer : Does the business owner have a sign that says: We reserve the right to refuse service to anyone for any reason ? I don't mean to be smarmy, but I have seen these signs many times in my life ... our property. Once I had a manager who refused service to one of her ex-boyfriends for cheating on her.

Do you feel obligated to eat 2 "fun size" twix at a time?

Description : Do you feel obligated to eat 2 "fun size" twix at a time?

Last Answer : No Zack, I don’t feel obligated. I usually do though.

Are colleges and technical institutes obligated to take extra measures to help those with learning disabilities?

Description : Are colleges and technical institutes obligated to take extra measures to help those with learning disabilities?

Last Answer : She should be talking to the chair of that particular department, or should have before the test. Your riding in on your horse like Lochinvar from the West is not a good idea; if she has ... can help her with reports. Does she have medical or some kind of documentation about her learning disability?

Can you list things you don't really believe in but feel obligated to follow/celebrate/believe, and can you tell me why you feel obligated?

Description : Can you list things you don't really believe in but feel obligated to follow/celebrate/believe, and can you tell me why you feel obligated?

Last Answer : Here’s my list: . Yes, that was a nonexistent list. I do not uphold traditions or beliefs simply because I feel obliged to. Life’s too short to spend it living the way others want you to. Plus, I feel it’s more disrespectful to go through the motions without the intent than it is to forgo both.

We're Not Legally Obligated to Pay State/Federal Income Tax? It is a voluntary tax?

Description : We're Not Legally Obligated to Pay State/Federal Income Tax? It is a voluntary tax?

Last Answer : I can direct you to a law on a dot-gov website that states pretty darn clearly what happens to you if you don’t pay federal income taxes. You go to jail. So if by “voluntary” you mean, your choice is your money or your freedom, the suuuure, it’s voluntary.

Why in our culture do most women feel obligated to wear wedding rings while it seems that it's optional for men?

Description : Why in our culture do most women feel obligated to wear wedding rings while it seems that it's optional for men?

Last Answer : It’s optional for either party. I think both the man and woman should wear their rings.

If a buyer wishes to buy, is the seller obligated to sell?

Description : If a buyer wishes to buy, is the seller obligated to sell?

Last Answer : If someone wants my dog there is nothing saying I need to give them my dog.

How many W2 copies is an employer obligated to send to an employee?

Description : How many W2 copies is an employer obligated to send to an employee?

Last Answer : Need answer

36. A nurse is obligated to carry out a physician’s order except

Description : 36. A nurse is obligated to carry out a physician’s order except

Last Answer : B. Believes an order to be inappropriate or inaccurate

Is there any truth at all in the claim that certain foods act as aphrodisiacs?

Description : Is there any truth at all in the claim that certain foods act as aphrodisiacs?

Last Answer : Not completely sure! Check this Asparagus IS on the list.

What personal rules have you developed when it comes to borrowing or lending money to friends and gamily?

Description : What personal rules have you developed when it comes to borrowing or lending money to friends and gamily?

Last Answer : Only lend, if you are ok with never getting it back.

Can a private citizen start their own for profit lending library?

Description : Can a private citizen start their own for profit lending library?

Last Answer : You don't need a degree to open a store. You do need some other things, such as a business license, a business plan, and funding. But if you're talking about for profit, it's not lending-it's ... you like the work. (Also you can have a master's or other degree and still be a private citizen.)

Is the lending service Kiva legitimate?

Description : Is the lending service Kiva legitimate?

Last Answer : Yes, they appear to be legitimate. Charity Navigator gives Kiva a high rating.

What are your personal guidelines on lending money to people you know?

Description : What are your personal guidelines on lending money to people you know?

Last Answer : I never lend books or money. If I have it to give, then I will give and gladly. More than once someone was willing to do the same for me, and it made a huge difference in my life.

Can someone explain to me how the Amazon Prime Kindle lending library works?

Description : Can someone explain to me how the Amazon Prime Kindle lending library works?

Last Answer : I use it all the time. Here is how it works.

Looking for a link to the ENTIRE Amazon's Prime Lending Library.

Description : Looking for a link to the ENTIRE Amazon's Prime Lending Library.

Last Answer : This?

Have you done micro-lending?

Description : Have you done micro-lending?

Last Answer : Only with in the family.

Has anybody heard of a positive experience with p2p lending?

Description : Has anybody heard of a positive experience with p2p lending?

Last Answer : answer:hmmm, like Kiva? I don't have any personal experience (beyond being very impressed with the success of the idea) but read a quick article from Guy Kawasaki The Six Lessons of Kiva that includes a bit ... quite a bit of press as well, but this is the most recent I've run across. good luck.

Why is it necessary that banks and co-operatives increase their lending in rural areas ? Explain. -SST 10th

Description : Why is it necessary that banks and co-operatives increase their lending in rural areas ? Explain. -SST 10th

Last Answer : 1. The formal sector i.e. the banks and the cooperatives need to engage more in the lending activities because of the disadvantages posed by the informal sector. 2. There is no organisation ... business, set up small scale industries etc which would add to the development aspect of a country.

Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th

Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th

Last Answer : Banks and cooperatives should increase lending facilities in rural areas: 1. The informal sector lends at a high-interest rate in rural areas so the cost for the borrower is much more. 2. When the cost ... where the amount to be repaid is more than the borrower's income and he has to borrow more.

What is collateral ? Why do lenders ask for collateral while lending ? Explain. -SST 10th

Description : What is collateral ? Why do lenders ask for collateral while lending ? Explain. -SST 10th

Last Answer : Collateral is an asset owned by the borrower like land, building etc, and is used as a guarantee to the lender till the loan is repaid. Lenders ask for collateral because: 1. It serves as a ... . 2. In case of failure of repayment of the loan, the lender can take the collateral as compensation.

Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th

Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th

Last Answer : Most loans from informal lenders carry a very high interest rate and do little to increase the income of the borrowers. Hence, it is necessary that banks and cooperatives increase their lending ... the formal credit is distributed more equally so that the poor can benefit from the cheaper loans.

Why do lenders ask for collateral while lending ? -SST 10th

Description : Why do lenders ask for collateral while lending ? -SST 10th

Last Answer : Lenders ask for collateral as security against loans. If the borrower fails to repay the loan, the lender has the right to sell the asset-or collateral to recover the payment. Collateral assets ... defaults on repayment of loan. It is for this reason that lenders ask for collateral while lending.

Why is it necessary for banks and cooperatives to increase their lending in rural areas ? -SST 10th

Description : Why is it necessary for banks and cooperatives to increase their lending in rural areas ? -SST 10th

Last Answer : Necessity for the banks and cooperative societies to increase their lending facilities in rural areas : (i) Dependence on informal sources of credit reduces. (ii) To provide more loan facilities ... to increase the lending facilities to improve the livelihood of the people in the rural areas.

What is the name of the leading lending financial institution in the expansion of agriculture in India ?

Description : What is the name of the leading lending financial institution in the expansion of agriculture in India ?

Last Answer : NBARD Bank is one of the leading lenders in the field of agriculture in India.