Simone applies for a mortgage loan from National City Bank. National City Bank's description of the various charges and penalties that are part of the mortgage are so confusing that she is unable to determine whether the loan offered by National City is better or worse than other banks.

National City has violated the Consumer Credit Protection Act.

True or false?

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?