Choose the One Most Appropriate Answer for Each

question 60

Multiple Choice

Choose the one most appropriate answer for each.
-a federal law that requires certain disclosures when extending or advertising credit

• 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

---

Definitions:

Debit Card

A card that immediately takes funds from a user's checking account to cover the cost of a purchase.

Power-Saving Mode

A feature in electronic devices intended to reduce energy consumption by lowering power use or shutting down non-essential components when not actively used.

Hard Drive

A storage device used to save software, documents, and other digital content.

Memory

The component of a computer that stores data temporarily or permanently, such as RAM or hard drive storage.