First National"™s consumer leasing department placed an ad in the local paper that pictured a car with the caption, "Sig
Posted: Tue Mar 08, 2022 10:48 am
First National"™s consumer leasing department placed an ad in the local paper that pictured a car with the caption, "Sign a lease with us and pay only $275 per month." What other information must this ad have?
A. A statement that the transaction is not a loan
B. The total amount due at consummation or delivery, the number of payments required, and any required security deposit
C. The bank"™s policy regarding the purchase of the property by the lessee
D. Disclosures regarding required insurance
A. A statement that the transaction is not a loan
B. The total amount due at consummation or delivery, the number of payments required, and any required security deposit
C. The bank"™s policy regarding the purchase of the property by the lessee
D. Disclosures regarding required insurance