Examlex

Solved

According to the Fair Credit Billing Act of 1975, a Creditor

question 81

True/False

According to the Fair Credit Billing Act of 1975, a creditor must adjust the disputed amount in your account or tell you why the bill is correct within 30 days.


Definitions:

Business

The practice of engaging in commerce, trading, manufacturing, or services as a means of livelihood or profit.

Corporate Competition

The rivalry between companies in the same industry for market share and customer loyalty.

Revitalization

The process of invigorating or renewing something to a state of improved health, activity, or prominence.

Restructuring

The process of altering the organizational structure, processes, or practices of a company to improve efficiency, performance, or adapt to new markets.

Related Questions