Under the Fair Credit Billing Act, a Consumer Must Notify

question 185

Multiple Choice

Under the Fair Credit Billing Act, a consumer must notify the creditor within ____ of the billing of a disputed charge.

• A) 1 week
• B) 30 days
• C) 60 days
• D) 90 days
• E) 6 months

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Definitions:

Division of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Labor Markets

The supply of available workers in relation to available work, and the dynamics of wages, employment, and labor demand.

Unskilled Workers

Individuals who perform jobs that require limited or no specialized skills or training.

Workers Specialize

When workers focus on a narrow set of tasks or acquire specialized skills, leading to increased efficiency and productivity.