Which of the Following Actions Is NOT an Adverse Action

question 128

Multiple Choice

Which of the following actions is NOT an adverse action?

• A) Refusal to grant credit on substantially the same terms and conditions as requested by the applicant
• B) Termination of an account
• C) Refusal to grant credit on the grounds that the lender does not offer the type of credit requested
• D) Refusal to increase the amount of credit on an existing account after a request

---

Definitions:

Pension Plans

Retirement plans funded by employers or individuals, where savings are invested to provide future benefits to retirees.

Plan Sponsor's Balance Sheet

A financial statement that shows the financial condition of an entity that sponsors a retirement plan, including assets, liabilities, and net worth.

Accumulated Postretirement Benefit Obligation

The estimated total future postretirement benefits that a company is expected to pay, recognized as a liability.

Pension Liability

The present value of the future retirement benefits that an employee has earned up to date, representing an obligation of the employer to provide pension benefits to its employees.