Rules Are Formed to

question 29

Multiple Choice

Rules are formed to

• A)clarify cloudy areas of norms.
• B)identify culturally ingrained principles of correct and incorrect behaviors.
• C)clarify behavioral expectations of positions within a culture.
• D)provide a means of exchanging information and assistance.

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Definitions:

Fair Credit Reporting Act

A U.S. federal law that regulates the collection, dissemination, and use of consumer credit information.

Credit Bureaus

Organizations that collect, maintain, and provide consumer credit information for the purpose of evaluating creditworthiness.

Complete Information

A scenario or state where all participants or parties have access to all necessary information, usually referenced in economics and game theory.

Telephone Consumer Protection Act

U.S. legislation regulating telemarketing calls, auto-dialed calls, prerecorded calls, text messages, and unsolicited faxes.