The Identity Theft and Assumption Deterrence Act Was Enacted to Protect

question 8

True/False

The Identity Theft and Assumption Deterrence Act was enacted to protect consumers' personal financial information held by financial institutions.

---

Definitions:

Remedial

Pertaining to remedies or actions taken to rectify, correct, or improve a legal situation or condition.

Removal

The act of transferring or relocating something or someone from one place to another.

Clean Water Act

A fundamental U.S. federal law enacted in 1972 aimed at reducing pollutants discharged into waterways and regulating quality standards for surface waters.

Federal Penalties

Sanctions imposed by federal law for violations of federal statutes, which can include fines, imprisonment, or other punishments.