The Primary Concern of the Fair and Accurate Credit Transaction

question 452

Multiple Choice

The primary concern of the Fair and Accurate Credit Transaction Act is to:

• A) help deal with identity theft
• B) help deal with low credit scores
• C) help minority groups get credit cards
• D) help students improve their credit ratings
• E) none of the other choices are correct

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Definitions:

Government Regulation

Laws and directives imposed by governments in order to control or modify economic, social, or individual behaviors within a country.

Morals

Principles or habits with respect to right or wrong conduct, forming the basis of ethical behavior.

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.

Federal Sentencing Guidelines

A set of rules designed to standardize sentencing policies in United States federal courts for convicted criminals to ensure consistency and fairness in punishment.