According to the Chapter, the 2009 Credit Card Responsibility and Disclosure

question 33

Multiple Choice

According to the chapter, the 2009 Credit Card Responsibility and Disclosure Act:

• A)requires credit cards companies to disclose specific reasons for increasing interest rates.
• B)requires persons under 21 to show independent income or use a co-signer to acquire a credit card.
• C)prohibits credit card companies from charging more than 18% interest.
• D)requires students to disclose expected college loan debt when applying for a credit card.

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Definitions:

Genital Stage

The final stage in Freud's psychosexual development theory, occurring from puberty onwards, focusing on mature sexual intimacy.

Defense Mechanism

Psychological strategies brought into play by individuals or the ego to protect against anxiety and to manage emotional conflict and stress.

Displacement

In physics, the movement of an object from one place to another or the volume displaced by an object in a fluid.

Repression

A defense mechanism where unpleasant thoughts, memories, or feelings are unconsciously excluded from awareness.