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Regulation B includes all the following except:

A. Right to get a copy of the appraisal
B. Equal Credit Opportunity Act
C. Fair Housing
D. Right to get a response to your application

1 Answer

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Final answer:

Regulation B implements the Equal Credit Opportunity Act and includes rights like receiving a copy of the appraisal and getting a response to a credit application, but Fair Housing is not part of Regulation B. The right to an education is not guaranteed by the Bill of Rights.

Step-by-step explanation:

Regulation B, which implements the Equal Credit Opportunity Act, involves regulations that prevent discrimination in the lending process. The rights under Regulation B include the right to get a copy of the appraisal and the right to get a response to your application. While the Equal Credit Opportunity Act is indeed a component of Regulation B, Fair Housing is not included in Regulation B but is covered under different legislation, specifically the Fair Housing Act which addresses discrimination in the buying, selling, renting, or financing of housing.

On the other hand, regarding the Bill of Rights, it guarantees a variety of freedoms and protections, including the right to freedom of speech. However, it does not guarantee the right to an education; education is not mentioned in the Bill of Rights, and the responsibility for education primarily falls to the states.

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