Isaac applied for a loan from Livingstone Bank and was denied the loan two weeks later. He discovered that the reason behind the denial was that the bank considered him a huge credit risk because a credit report stated that he was an alcoholic. Isaac claimed that this information was not true. Which of the following acts will allow Isaac to approach Livingstone Bank for reconsideration of his loan application?
A. Equal Credit Opportunity Act
B. Fair Credit Billing Act
C. Fair Debt Collection Practices Act
D. Fair Credit Reporting Act
Answer: D
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Indicate whether the statement is true or false
Kitchen Convenience can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Kitchen Convenience's production capacity is 1600 machine hours per month. What is the contribution margin per machine hour for bread machines?
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