Which of the Following Acts Sets Procedures for Promptly Correcting

question 131

Multiple Choice

Which of the following acts sets procedures for promptly correcting billing mistakes, refusing to make credit card or revolving credit payments on defective goods, and promptly crediting your payments?

• A) Experian Act of 1982
• B) Fair Credit Reporting Act of 2009
• C) Bills and Disputes Act of 1963
• D) Equifax Act of 1979
• E) Fair Credit Billing Act of 1975

---

Definitions:

Maslow Hierarchy

A psychological theory proposed by Abraham Maslow that outlines a five-tier model of human needs, from basic (physiological) to higher needs (self-actualization).

Lowest Level Need

Refers to the most basic or foundational requirements in a hierarchy of needs, typically associated with physiological or survival needs.

Personal Needs

Personal needs refer to the essential requirements necessary for an individual to achieve basic satisfaction, including physical, social, and psychological needs.

Need For Achievement

A psychological trait characterized by a strong desire to accomplish challenging tasks and meet high standards of success.