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Practice Of Real EstateAdvertising_regulationsEASY

A mortgage ad states 'Only 5% down and payments from $1,950 per month.' Which advertising concept explains why extra federal credit disclosures are now required?

Correct Answer

A) Trigger terms under Regulation Z

Trigger terms under Regulation Z is correct because the facts match specific advertising terms, such as the amount of down payment or payment size, that trigger additional credit disclosures in mortgage advertising. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Trigger terms under Regulation Z
B
APR disclosure in credit advertising
C
Puffing
D
Truth in advertising

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Related Topics & Key Terms

Key Terms:

advertising_regulationspracticeadvertisingreg_z
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