Which of the Following Is Prohibited in the Collection of Consumer

question 111

Multiple Choice

Which of the following is prohibited in the collection of consumer debt by the Fair Debt Collections Practices Act?

• A)7 AM calls at the debtor's place of employment.
• B)7 AM calls at the debtor's home.
• C)7 AM calls at the debtor's parents' home.
• D)all of the above

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Definitions:

Put Option

An agreement in finance that permits the owner to sell a predetermined quantity of a basic asset at an agreed price during an established timeframe, without being compelled to do so.

Protective Put

An options strategy where an investor purchases a put option for an existing stock position to limit potential losses.

Listed Put Option

A put option that is traded on an official exchange, giving the holder the right but not the obligation to sell a specific asset at a set price before the option expires.

Exercise Price

The price at which the holder of an options contract can buy or sell the underlying asset.