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The Fair and Accurate Credit Transactions Act (FACTA) Enables All

question 82

True/False

The Fair and Accurate Credit Transactions Act (FACTA) enables all Americans to get a free copy of their credit report, upon request, each year from the three major consumer credit bureaus.


Definitions:

Window of Opportunity

A limited period during which a unique chance or possibility exists to act or make changes before conditions change.

Win-Win Atmosphere

An environment or negotiation scenario in which all parties involved achieve beneficial outcomes.

New Policy

A recently established set of guidelines or principles designed to govern actions and decisions in specific areas.

"Garbage Can" Theory

A model describing organizational decision-making as chaotic and random, where solutions, problems, and participants seem to be disconnected.

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