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Regulation Z of the Truth-in-Lending Law would apply to real estate loans for all except which of the following?A) Residential loanB) Commercial loanC) Personal loanD) Agricultural loan under $25,000
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Regulation Z of the Truth-in-Lending Law would apply to real estate loans for all except which of the following?A) Residential loanB) Commercial loanC) Personal loanD) Agricultural loan under $25,000

User Trevor Gehman
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5 votes

Answer:

B) Commercial loan

Step-by-step explanation:

The Truth in Lending Act and Regulation Z only applies to consumer-purpose loans and These are loans and credit used primarily for personal, family, or household purposes, It does not apply to credit extensions that are primarily for business purposes.

User Bcherny
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