The Fair and Accurate Credit Transactions Act: ____________________________

question 1

Multiple Choice

The Fair and Accurate Credit Transactions Act: ____________________________.

• A) Establishes the same type of legal parity between electronic records and paper records
• B) Is a federal act designed to deal with problems associated with cyber-commerce
• C) Prohibits merchants from using credit card receipts that show anything other than the last five credit card numbers
• D) Is a federal amendment to the Uniform Electronic Transactions Act

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Definitions:

Human Races

Social constructs that categorize humans into large and distinct populations or groups by ancestral origins and physical characteristics.

Gini Coefficient

A measure of the distribution of income across a population, used as an indicator of economic inequality.

Wealth Inequality

The unequal distribution of assets among residents of a country, leading to significant differences in wealth across individuals and families.

Racial Disparities

Differences that disproportionately affect individuals of certain races, particularly in areas such as health, imprisonment, education, and employment.