The Consumer Credit Counseling Service (CCCS) Is Affiliated with The

question 102

Multiple Choice

The Consumer Credit Counseling Service (CCCS) is affiliated with the:

• A) National Foundation for Consumer Credit.
• B) Federal Trade Commission.
• C) Better Business Bureau.
• D) U.S. Consumer Protection Agency.
• E) Federal Reserve Banks.

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Definitions:

Strict Liability

A legal principle where a party can be held responsible for damages or harm caused without needing to prove negligence or intent.

Privity of Contract

A legal concept indicating that contracts confer rights and impose obligations only on the parties signing the contract.

Defendant's Liability

The legal responsibility of the defendant in a legal proceeding to compensate for harm caused.

Product Liability Suit

A legal claim against a manufacturer or seller for producing or selling a defective product that caused harm to the consumer.