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06-01-2020
Business

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Regulation Z of the Truth-in-Lending Law would apply to real estate loans for all except which of the following?A) Residential loanB) Commercial loanC) Personal loanD) Agricultural loan under $25,000

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Karabo99 Karabo99

07-01-2020

Answer:

B) Commercial loan

Explanation:

The Truth in Lending Act and Regulation Z only applies to consumer-purpose loans and These are loans and credit used primarily for personal, family, or household purposes, It does not apply to credit extensions that are primarily for business purposes.

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