Choose the One Most Appropriate Answer for Each

question 4

Multiple Choice

Choose the one most appropriate answer for each.
-the right that gives borrowers three days to back out after signing loan papers

• A)APR
• B)cash value
• C)credit report
• D)credit scoring
• E)equity
• F)exempt transactions
• G)Fair Credit Reporting Act
• H)Federal Consumer Credit Protection Act
• I)finance charge
• J)illiquid assets
• K)liquid assets
• L)loan-to-value ratio
• M)redlining
• N)Regulation Z
• O)right to rescission
• P)settlement funds
• Q)subprime loans
• R)Truth-in-Lending Act
• S)TILSRA
• T)trigger term

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Definitions:

Oil Shale

A fine-grained sedimentary rock containing organic matter, known as kerogen, that can be converted into oil through heating.

Oil and Gas

Naturally occurring hydrocarbons found in geological formations beneath the Earth's surface, used as fuel and in chemical production.

Coal

A combustible black or brownish-black sedimentary rock formed from plant remains, primarily consisting of carbon and used as a fossil fuel.

Granitic Intrusion

The forced entry of magma composed mainly of quartz and feldspar into surrounding rock, cooling and solidifying to form granite.