Mark Asked Sandra,"Are You Using Your 529,401K,IRA,or Savings to Pay

question 135

Multiple Choice

Mark asked Sandra,"Are you using your 529,401K,IRA,or savings to pay for that?" Sandra had a blank expression.In terms of the communication process,Sandra was unable to ____ the message because she did not understand the jargon Mark used.

• A) transmit
• B) encode
• C) channel
• D) decode
• E) decipher

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Definitions:

Identity Theft

Identity theft is the fraudulent acquisition and use of someone's private identifying information, typically for financial gain.

FTC

Stands for the Federal Trade Commission, a U.S. federal agency tasked with protecting consumers and maintaining competition.

Cosign

To sign a legal document alongside another person, taking joint responsibility for the obligation the document entails, such as a loan.

Equal Credit Opportunity Act

A U.S. federal law designed to ensure that all consumers have an equal chance to obtain credit, prohibiting discrimination.