Which of the Following Is NOT a Valid Credit Application

question 9

Multiple Choice

Which of the following is NOT a valid credit application question?

• A) How much of a loan are you requesting?
• B) What is the account number for your checking account?
• C) What is the name of the nearest relative not living with you?
• D) How many dependents do you have?
• E) All of these are valid credit application questions.

---

Definitions:

Interstate Commerce Commission

A regulatory agency in the United States established to oversee railroad rates and later expanded to other modes of transportation, until its operations were phased out in the late 20th century.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.

Employee Share Ownership Plans

Programs that enable employees to own a stake in the company they work for, fostering a sense of ownership and incentivizing performance.

Share Options

Are financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a company at a predetermined price within a specified timeframe.