Kip Opens an Account at a Lotsa Goodies Store, and Buys

question 42

Multiple Choice

Kip opens an account at a Lotsa Goodies Store, and buys a digital music player and other items, but makes no payments on the account. To collect the debt, Mako, the manager, contacts Kip's parents. This violates

• A) no federal law.
• B) the Fair and Accurate Credit Transactions Act.
• C) the Fair Debt Collection Practices Act.
• D) the Truth-in-Lending Act.

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Definitions:

Labor Productivity

A measure of economic performance that calculates the output produced per unit of labor employed.

Transportation & Shipping

The processes and services involved in moving goods and products from their origin to their destination, using various modes of transport such as trucks, ships, and trains.

Derailed Managers Study

A research study focusing on identifying the reasons why managers fail to achieve their expected career progression or performance.

First-Line Manager

A manager at the lowest level of an organization who directly manages staff and operations.