Which of the Following Is NOT Required by the Fair

question 54

Multiple Choice

Which of the following is NOT required by the Fair Credit Reporting Act for a credit bureau that supplies information to companies that grant credit?

• A)The credit bureau must, upon request, supply a free credit report to consumers who have been denied credit.
• B)A credit bureau must investigate consumer credit information that the consumer deems to be inaccurate.
• C)If requested by the consumer, the credit bureau must avoid sending credit information about the consumer for unsolicited credit and insurance offers.
• D)All of the above are required.

---

Definitions:

Restatement (Second) of Torts

A legal document summarizing the general principles of American tort law, serving as a guide for judges and lawyers.

Common Law Negligence

A legal concept that holds individuals liable for harm caused by their failure to act as a reasonably prudent person would under similar circumstances.

Foreseeable User

A person who is reasonably expected to use a product and whom the manufacturer or provider should consider when designing or supplying the product.

Securities Exchange Act of 1934

A U.S. federal law governing the trading of securities in the secondary market, overseeing transactions, requiring disclosure, and aiming to prevent fraud.