What May a Creditor Do in Response to an Application

What may a creditor do in response to an application for credit from a business with gross revenues of $1 million or less?

A) Give a disclosure of the applicant's right to receive a statement of reasons at the time of the application instead of at the time of the adverse action
B) Mention adverse action notices only if requested by the applicant
C) Omit the ECOA statement on all notices NOTES
D) Provide only the ECOA statement to the applicant

Correct Answer:

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