Multiple Choice
If a consumer's application for credit is denied, the creditor must provide written notice to the consumer containing what information?
A) the name and address of the federal agency regulating compliance by the creditor
B) the basic provisions of the Equal Credit Opportunity Act
C) either the specific reasons for the action taken or disclose the applicant's right to receive a statement of reasons
D) the name and address of the federal agency regulating compliance by the creditor and the basic provisions of the Equal Credit Opportunity Act
E) the name and address of the federal agency regulating compliance by the creditor and the basic provisions of the Equal Credit Opportunity Act and either the specific reasons for the action taken or disclose the applicant's right to receive a statement of reasons
Correct Answer:
Verified
Correct Answer:
Verified
Q98: The Food, Drug and Cosmetic Act of
Q99: The _ shields drug manufacturers from liability
Q100: The Food Additives Amendment (Delaney Clause) to
Q101: The FDA uses a food purity standard
Q102: Nutritional supplements are:<br>A) subject to the same
Q104: If a consumer complains about incorrect information
Q105: The Used-Car rule issued by the FTC
Q106: The Nutrition Labeling and Education Act applies:<br>A)
Q107: Which of the following is part of
Q108: Under the Fair Debt Collection Practices Act,