The Easy Collection Agency Continues to Call Susan at Work

question 2

Multiple Choice

The Easy Collection Agency continues to call Susan at work to talk to her about her past due account at St. John's Hospital. The Easy Collection Agency is violating which law?

• A) Fair Debt Collection Practices Act
• B) Regulation Z of the Consumer Protection Act
• C) Health Insurance Portability and Accountability Act
• D) Health Collection Act
• E) Statute of Frauds

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Definitions:

Trade-In Allowance

The credit a buyer receives for turning in an older item (such as a car) when purchasing a new one, reducing the out-of-pocket cost of the new purchase.

List Price

The official selling price of a product or service before any discounts are applied.

Boot

Additional value or cash added to a transaction to even out an exchange or transfer of assets.

Fixed Asset

A fixed asset is a long-term tangible piece of property or equipment that a company owns and uses in its operations to generate income, not easily converted into cash.