Which of the Following Is True About Credit Bureaus in Canada

question 53

Multiple Choice

Which of the following is true about credit bureaus in Canada?

• A)There are two federally appointed credit bureaus in Canada.
• B)It is impossible to have a better credit score at one bureau than another.
• C)Lenders may access your credit information without your permission.
• D)Lenders may use more than one credit bureau for information.

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Definitions:

Political Network

The web of relationships among individuals in an organization that are used to gain influence, share information, and achieve objectives through political means.

Highly Substitutable

Referring to goods or services that can be easily replaced or exchanged with others of similar value or function.

Centrality

The importance, prominence, or influence of something or someone within a certain context or network.

Subunit Power

The degree of influence or control a subsection of an organization has over decisions or resources.