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Author Question: Negotiability is the characteristic that distinguishes commercial paper and instruments from ... (Read 61 times)

jace

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on: Jun 24, 2018
Negotiability is the characteristic that distinguishes commercial paper and instruments from ordinary contracts.
  Indicate whether the statement is true or false

Question 2

Under the MDIA, what happens if the consumer is not given the disclosures required regarding the loan terms?
 A)The mortgage is void
 B)The consumer gets a three-year right of rescission
 C)There are criminal penalties
 D)The consumer does not have to pay interest on the mortgage


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recede

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


jace

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

cdmart10

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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