An Unauthorized Person Who Obtains a Credit Report Under False

question 34

Multiple Choice

An unauthorized person who obtains a credit report under false pretenses may be:

• A)sued by the lender.
• B)sued by the borrower.
• C)jailed for 5 years.
• D)subject to a fine and imprisonment.
• E)placed on a probation.

---

Definitions:

Consumer Incomes

The total amount of income received by consumers, influencing their purchasing power and demand for goods and services.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, contrasting with normal goods.

Substitute

A good or service that can be used in place of another good or service, often due to similarities in features or functions.

Expensive

Describing an item or service that has a high cost or price relative to its perceived value or compared to other options.