Select all that apply Identify the features of the Truth-in-Lending Simplification Act of 1980. (Check all that apply.) Multiple select question. 

It requires the government to issue model disclosure forms. 

It penalizes failures to disclose credit terms regardless of their material importance. 

It tolerates the absence of the annual percentage rate in a financing statement. 

It eliminates statutory penalties based on purely technical violations of the act.

In the context of the Truth-in-Lending Act, the finance charge and annual percentage rate are made known to borrowers by use of a _____. Multiple choice question. 

registration statement 

financing statement 

securities prospectus 

credit notice