Which of the Following Questions on a Credit Application Would

question 55

Multiple Choice

Which of the following questions on a credit application would be a violation of ECOA?

• A)asking about felony convictions
• B)asking address and length of residence
• C)asking whether the applicant is pregnant
• D)All of the above are violations.

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Definitions:

Proportion

A mathematical relation between parts, quantities, or amounts that expresses how much one is relative to the other.

Equilibrium

A state in which supply and demand are balanced, or a situation in which conflicting forces cancel each other out, resulting in a stable outcome or condition.

Hawk-Dove Game

A model in game theory that explores the conflict between aggressive (hawk) and peaceful (dove) strategies.

Payoff

The return or reward received as a result of an action or decision, particularly in the context of games or economic models.