Identity Theft Is a Growing Problem That Could Damage Your

question 1

True/False

Identity theft is a growing problem that could damage your credit rating.

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Definitions:

Obligation

A legal or moral duty to do something or to refrain from doing something.

Agents

Individuals or entities authorized to act on behalf of another (the principal) in dealings with third parties, typically creating a legal or business relationship.

Sole Proprietorships

A simple business structure where a single individual owns and operates the business.

Action Against Directors

Legal proceedings initiated to hold directors of a company responsible for their actions or omissions that harm the company or its stakeholders.