EthicsQuestion 339 of 400
Which statement about mortgage advertising is TRUE?
a.Only the interest rate must be truthful; other claims can be exaggerated
b.Advertisements must not contain material misrepresentations about loan terms
c.Fine-print disclaimers can cure an otherwise misleading headline
d.APR never has to be stated accurately
Explanation
Advertising must avoid material misrepresentations about loan terms, and misleading claims are prohibited regardless of the topic. It is false that only the rate must be truthful, that fine print cures a misleading headline, or that the APR need not be accurate.
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