Question

Truth-in-lending laws require that _____. (Gradpoint)

A) banks allow Federal Reserve examiners to audit their financial activities

B) sellers provide full and accurate information about loan terms

C) banks lend each other funds using the federal funds rate

D) bank holding companies offer the same interest rates at all of their member banks

Answer 1

Answer is B I think

Answer 2

Answer: B) sellers provide full and accurate information about loan terms

Explanation: This law was authorized in 1968 to help shoppers feel more secure in their business with banks and other loan specialist.