Consumer Finance Corporation (CFC) Extends Credit to Consumers

question 40

Multiple Choice

Consumer Finance Corporation (CFC) extends credit to consumers. CFC is subject to the Equal Credit Opportunity Act, which prohibits credit discrimination based on​

• A) ​intelligence.
• B) ​education.
• C) ​income.
• D) ​race.

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Definitions:

Recording Equipment

Devices or systems used to capture sound or video, typically for music, television, film, or podcast production.

Direct Quotation

A foreign exchange rate quoted as the domestic currency per unit of the foreign currency.

Indirect Quotation

A method of quoting exchange rates in terms of how much foreign currency can be exchanged for a unit of domestic currency.

Foreign Currency

The currency used in a country other than the one where a company or individual is located, impacting financial transactions and reports when exchanged.