The ________ Act Gives Consumers the Right to Obtain One

question 40

Multiple Choice

The ________ Act gives consumers the right to obtain one free credit report once every 12 months from the 3 nationwide credit reporting agencies.

• A) Fair Credit Reporting
• B) Fair Credit Billing
• C) Consumer Leasing
• D) Fair and Accurate Credit Transactions

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Definitions:

Relative Deprivation

A condition or feeling experienced when a person or group believes they are worse off compared to some standard or to other groups.

CEO

Chief Executive Officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Federal Government

Defines a system of government where power is divided between a central authority and constituent political units (such as states or provinces).

Regional Differences

Refers to variations in customs, behaviors, accents, climates, and landscapes between different areas of a particular country or the world.