Which of the Following Statements Is Not Correct in Relation

question 14

Multiple Choice

Which of the following statements is not correct in relation to Chapter 3,which is aimed at informing consumers and deterring them from making unsuitable credit contracts?

• A)Credit providers must assess whether a credit contract is unsuitable for a credit applicant.
• B)A credit contract that requires the consumer to sell their principal place of residence to repay a loan is likely to cause substantial hardship.
• C)Credit providers are prevented by privacy laws from verifying a consumer's requirements and financial situation.
• D)A credit contract will be unsuitable if it causes a consumer to suffer substantial hardship.

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Printed

The output of a document, image, or data on paper or other material through a printer.

Network Standards

Regulations and protocols established to ensure consistent and compatible communication and operation within computer networks.

Data Transmission

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