An Employer Must Notify a Job Applicant or Current Employee

question 19

True/False

An employer must notify a job applicant or current employee that a credit report may be used and must obtain the applicant's consent prior to requesting an individual's credit report from a credit bureau.

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Definitions:

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Sole Proprietorship

A business structure where a single individual owns, operates, and is responsible for all aspects of the business.

Partnership

An authorized business entity run by two or more partners who equally divide management duties and earnings.

Limited Partnership

A business structure where at least one partner has unlimited liability and other partners have liability limited to the amount of their investment.