Credit Cannot Be Denied Solely on Whether a Person Receives

question 60

True/False

Credit cannot be denied solely on whether a person receives certain forms of income, such as public-assistance.

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Definitions:

Inventory

The total amount of goods and materials held by a business for the purpose of resale or production.

Contradict

to assert the opposite of a statement made by someone, implying disagreement or denial.

Automates

The process of making an operation or procedure carried out without human intervention through the use of mechanical or electronic devices.

Agency

A relationship where one party (the agent) is authorized to act on behalf of another (the principal) in dealing with third parties.