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Describe the three important guidelines for revenue recognition.
Credit Bureau
A company that provides information about the creditworthiness of a person seeking credit.
Creditworthiness
A valuation or assessment of an individual's or organization's ability to repay debts or meet financial obligations.
Equal Credit Opportunity Act
A US federal law that prohibits discrimination by lenders against borrowers based on race, color, religion, national origin, sex, marital status, or age.
Class Action Lawsuit
A lawsuit in which one or more people sue a company or other legal entity that allegedly wronged all of them in the same way.
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