How Will Having a Credit Score of 400 Affect Your

question 24

Multiple Choice

How will having a credit score of 400 affect your application for new credit?

• A) You will likely be approved for new credit.
• B) You will likely be rejected for new credit.
• C) It will not affect your application.
• D) You will likely be approved but charged a high interest rate.

Identify the requirements and protections under wage-hour and minimum wage laws.

Understand the implications of privacy laws for employer monitoring and the protection of employee information.

Recognize the legal consequences of non-compliance with unemployment and social insurance contributions by employers.

Understand the legal implications of drug testing and privacy rights within the workplace.

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Definitions:

Interest Rate

The interest rate is the percentage of the principal charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage.

Years From Now

A temporal reference indicating a certain amount of time in the future from the current point.

Real Wages

Nominal wages corrected for inflation.

Money Wages

The current dollar amount of a person’s wages.