The Fair Debt Collection Practices Act Prohibits

question 10

Multiple Choice

The Fair Debt Collection Practices Act prohibits:

• A)a debt collection agency from communicating directly with a debtor under any circumstances.
• B)calls after 6 p.m.
• C)a debt collection agency from calling a debtor each day, several times a day, demanding payment.
• D)a creditor from calling a debtor regarding payment of a bill.

---

Definitions:

Primary Labor Market

The segment of the labor market that consists of high-paying jobs with good benefits and job security, often requiring higher education or specialized skills.

Economic Rent

The excess payment for a factor of production over its opportunity cost, highlighting the benefits received from a unique advantage or situation.

Demand for Labor

the quantity of workers that employers are willing and able to hire at a given wage rate in a given time period.

Supply of Labor

The total hours that workers are willing and able to work at a given wage rate, over a certain time frame.