The Equal Credit Opportunity Act Would Not Prohibit Which of the Following

question 1

Multiple Choice

The Equal Credit Opportunity Act would not prohibit which of the following? First Bank refuses to extend credit to:

• A) females.
• B) men over 70 years of age.
• C) people with incomes below $10,000.
• D) people from Italy.

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Definitions:

Free Use

The allowance to use content, material, or facilities without restrictions or payment, often within certain legal or ethical limits.

Equipment

The necessary items for a particular purpose, including tools, machinery, and other physical devices.

Charity

An organization or a specific act of generosity and kindness towards others, especially aimed at providing help and raising money for those in need.

Refusing Requests

The act of denying or declining a request or offer, typically done politely and with an explanation.