Because We Said So
May. 13th, 2005 01:47 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
rowynFrom an online banking course I'm taking:
The online course insists that "A" is the correct answer, but I can't help thinking that "B" just about covers it, really.
Why does a regulation issued by the U.S. Department of Housing and Urban Development (HUD) affect lenders?
A) Because borrowers are using the proceeds of a mortgage to purchase housing.
B) Because the government can pretty much do whatever it wants.
C) Because the Federal Reserve Board didn't come up with a regulation quickly enough.
The online course insists that "A" is the correct answer, but I can't help thinking that "B" just about covers it, really.
But hey!
Date: 2005-05-22 01:25 pm (UTC)