A Customer's Credit Report Does Not

question 38

Multiple Choice

A customer's credit report does not:

• A)include personal references as to the customer's business reputation.
• B)provide details of credit applications made in the past.
• C)list credit defaults.
• D)list information that is already publicly available (e.g.bankruptcy reports).

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Definitions:

Tax Bases

The total amount of assets or income that can be taxed by a government, forming the foundation for calculating tax liabilities.

Services

Intangible products or actions that provide value to consumers, differing from goods which are physical items.

Federal Government

The national government of a federal country, which shares sovereignty with constituent states or provinces, responsible for governing national matters.

Social Security Tax

A tax levied on both employers and employees to fund the Social Security program, which provides benefits for retirees, the disabled, and children of deceased workers.