The Equal Credit Opportunity Act Makes It Illegal for Businesses

question 6

True/False

The Equal Credit Opportunity Act makes it illegal for businesses to discriminate against credit applicants receiving public assistance income.

---

Definitions:

Negative Attributions

A cognitive process where individuals attribute negative motives or characteristics to others' behavior, leading to potentially biased perceptions.

Constructive Action

An approach or behavior aimed at creating positive outcomes or proposing solutions, rather than merely criticizing or highlighting problems.

Self-fulfilling Prophecy

A belief or expectation that influences one's behavior in a way that causes the belief to become true.

Internal Factors

refer to elements within an organization such as its culture, policies, and employee morale, that can impact its operations and success.