The correct answer is B. Before the consummation of the lease. Regulation M, which implements the Consumer Leasing Act as part of the Truth in Lending Act, requires that disclosures for consumer leasing transactions be made before the consummation of the lease. This ensures that consumers are fully informed about the terms and conditions, including costs and other key features of the lease, before they are legally bound by the agreement.
upvoted 1 times
...
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Cam22
5 months, 4 weeks ago