Which Is a First Step to Deter Thieves from Accessing

question 15

Multiple Choice

Which is a first step to deter thieves from accessing your financial information?

• A) Do not provide personal information over the phone or through email.
• B) Review financial and billing statements each month carefully.
• C) Follow up on calls regarding purchases that were not made.
• D) Be alert to signs that may indicate unusual activity in an account.

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Definitions:

Collateral

The property or assets that a borrower offers to a lender as security for a loan.

Bankruptcy Code

The codified system of federal bankruptcy laws that governs the processes and procedures for declaring bankruptcy in the United States, providing legal frameworks for debt discharge and asset liquidation.

Reorganizations

The process of restructuring a company's business or legal structure, often for purposes of profitability, efficiency, or to adapt to new markets.

Chapter 11

A legal process involving reorganization of a debtor's business or assets under the U.S. bankruptcy laws.