Consumers Are Prohibited from Disclosing If They Receive Public Assistance

question 35

True/False

Consumers are prohibited from disclosing if they receive public assistance when applying for credit.

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Definitions:

Confederation

A union of sovereign groups or states, united for purposes of common action often in relation to other states but with retained sovereignty.

Institutional Law

Laws and legal principles concerning the functioning and structure of organizations or institutions.

Order

In a parliamentary or legislative context, order refers to the rules and procedures according to which business is conducted and debates are structured.

Sales Tax

A tax imposed on sales of goods and services, usually calculated as a percentage of the price paid by the consumer.