Bodie's application to City Bank for a credit card is denied. Bodie can obtain information on her credit history in a credit agency's files under

A. no federal law.
B. the Equal Credit Opportunity Act.
C. the Fair Credit Reporting Act.
D. the Fair Debt Collection Practices Act.


Answer: C

Business

You might also like to view...

Investing activities are needed to provide the funds to start a business

a. True b. False Indicate whether the statement is true or false

Business

Competition works to drive down the rate of return on invested capital toward the rate that would be earned in a perfectly competitive industry

Indicate whether the statement is true or false

Business

A major advantage of the Census of Population is that data on blocks and tracks can be combined to match the size and shape of a retailer's trading area

Indicate whether the statement is true or false

Business

If Purchases total $40,000; Freight-In, $3,000; Purchases Discounts, $1,000; and Purchases Returns and Allowances, $500; then total cost of goods purchased will total:

a. $40,000 b. $41,500 c. $38,000 d. $35,500 e. $44,500

Business