In the ordinary course of business, EZ Funds Corporation offers credit to Fay and other consumers and reports on the loans to credit agencies. To save time and money, EZ generally does not correct or update its reported information. This is most likely to result in
A. a levy of a nominal fine.
B. an assessment of damages.
C. an order of rescission of the loan contracts.
D. no sanctions.
Answer: B
You might also like to view...
Organizations as diverse as Disney, Caterpillar, and the National Basketball Association make extensive use of licensing in overseas markets
Indicate whether the statement is true or false
The final figure in the schedule of cost of goods manufactured represents the
a. cost of goods sold for the period. b. total cost of goods completed for the period. c. total cost of goods started and completed this period. d. total cost of manufacturing for the period.
Which of the following is true of the natural law school of jurisprudence?
A) It has existed since 300 B.C. and bases law on certain unchanging value judgments. B) It focuses on environmental concerns, such as toxic waste and air quality. C) Its source of law is contemporary community opinion and customs. D) It teaches that the legislature is the primary source of all law.
Project managers have their own code of ethics, established by the Project Management Institute
Indicate whether the statement is true or false