Which of the Following Provisions Regarding the Fair Credit Billing

question 24

Multiple Choice

Which of the following provisions regarding the Fair Credit Billing Act is accurate?

• A) During the time the creditor is replying, the customer is required to pay back the questioned item.
• B) The act allows a customer 90 days to notify the creditor of the nature of the error and the amount.
• C) In case of an error, the creditor has 120 days to respond and 150 days to correct the customer's account.
• D) The act applies only to open-end credit and not to installment sales.
• E) The Congress enacted this act as an amendment to the Fair Credit Reporting Act.

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Definitions:

Perilymph

The fluid that is found within the inner ear's bony labyrinth, surrounding and protecting the membranous labyrinth.

Eardrum

A thin membrane that separates the external ear from the middle ear, vibrating in response to sound waves.

Tympanic Membrane

A thin, cone-shaped membrane that separates the external ear from the middle ear and vibrates in response to sound waves.

External Acoustic Meatus

The external passage leading into the ear, facilitating the travel of sound waves from the outside to the eardrum.