A sales license holder has advertised a property. Her ad states that the property isin a family- oriented neighborhood and can be purchased for $1,100 a month. What is wrong with this advertisement?a.It violates Federal Fair Housing lawsb.It violates Federal Fair Housing laws and Truth in Lendingc.It violates Truth in Lending and the Equal Credit Opportunity Actd.It violates the Equal Credit Opportunity Act and the Consumer Credit Protection Act

Respuesta :

Answer: b. It violates Federal Fair Housing laws and Truth in lending.

Explanation: The Fair Housing Act is a law created to help limit discriminatory practices related to landlords, tenants, and housing. The act was created on the principle that every American should have an equal opportunity to seek a place to live, without being afraid of discrimination due to factors outside their control.

The Truth in Lending Act, or TILA, aims to ensure that you receive a clear and understandable layout of certain costs and terms.

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