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:

Legal Standing

The right of an individual or entity to initiate a lawsuit, predicated on their stake in the outcome of a dispute.

Nature

The observable aspects of the earth and its environment, encompassing flora, fauna, geological structures, and natural occurrences, distinct from man-made entities or human activities.

Lawsuits

Legal actions taken by one party against another for the resolution of a dispute in a court of law.

Confidentiality Breach

An incident where information that was meant to be kept secret is disclosed without authorization.