At the End of Each Calendar Year Employers Must Issue

question 12

Multiple Choice

At the end of each calendar year employers must issue a _____ to each employee

• A)T1
• B)T4A
• C)T3
• D)T5

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Definitions:

Truth In Lending Act

Legislation at the national level that facilitates educated decisions about consumer credit use by demanding information on its terms and fees be made available.

Unauthorized Use

The use of property, resources, or confidential information without permission from the rightful owner or authority.

Maximum Liability

The highest amount for which a party can be held financially responsible under a contract or legal agreement.

Credit Card Theft

The unauthorized use, theft, or misappropriation of someone's credit card information for the purpose of making unauthorized purchases or transactions.