The Fair Debt Collection Practices Act Prohibits Which of the Following

question 33

Multiple Choice

The Fair Debt Collection Practices Act prohibits which of the following practices by a debt collector?

• A)falsely representing himself as a lawyer
• B)telephoning the debtor at 8:00 a.m.
• C)visiting a debtor at work if the employer permits personal visits
• D)using neighbors to locate the debtor

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good or service and what they actually receive, due to market prices.

Hamburgers

A popular food item made from ground meat, typically beef, placed inside a sliced bun and often accompanied by various toppings.

Producer Surplus III

The difference between what producers are willing to accept for a good or service versus what they actually receive, a measure of producer welfare.

Consumer Surplus

The gap in the aggregate amount consumers are willing and can afford to pay for a service or good versus the aggregate amount paid.