The ________ and Equal Credit Opportunity Act State That Consumers

question 38

Multiple Choice

The ________ and Equal Credit Opportunity Act state that consumers who are denied loans must receive a notice of "adverse action" from the business explaining the decision.

• A)PATRIOT Act
• B)Class Action Fairness Act
• C)Fair Credit Reporting Act
• D)Sarbanes-Oxley Act

---

Definitions:

Independent Variable

is a factor or condition that is intentionally manipulated or varied by researchers to observe its effect on a dependent variable in an experiment.

Constraint

A limitation or restriction that affects the process or progress of a project, operation, or strategy.

External Data Sources

Data collected from outside an organization, including public data sets, market research, and information from business partners or third-party providers.

Data Warehouse

A centralized repository for storing, managing, and analyzing large sets of structured data from various sources.