What Is the Proactive Stance to Social Responsibility

question 53

Essay

What is the proactive stance to social responsibility?

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Definitions:

Truth-in-Lending Act

U.S. federal law designed to promote transparency in consumer credit by requiring lenders to disclose important terms and costs of loans to borrowers.

Secured by Mortgage

Describes a loan or obligation guaranteed with the collateral of real estate property through a legal agreement.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources, typically categorized into residential, commercial, or industrial properties.

Lemon Laws

Laws designed to protect consumers from fraudulently represented defective vehicles, allowing buyers to get a refund or replacement for a "lemon" car.