Isabella Wants to Purchase a New Refrigerator

question 25

Multiple Choice

Isabella wants to purchase a new refrigerator.When she applies for an installment loan at the appliance store,her loan application is turned down.What consumer law says that a lender must give her the reason,in writing,that she was denied the loan?

• A) Truth-in-Lending Act
• B) Equal Opportunity Act
• C) Fair Credit Reporting Act
• D) Fair Debt Collection Practices Act

---

Definitions:

Hardship Premium

Additional compensation or benefits provided to employees who work under difficult or undesirable conditions, often location-based.

Expatriate Manager

A manager who is working in a country other than their country of origin, often temporarily and for business purposes.

War-Torn Country

Refers to a country where conflict and war have caused significant damage to infrastructure, economy, and social fabric, often resulting in humanitarian crises.

Repatriation

The process of returning an employee back to their home country after they have completed an international assignment, including reintegrating them into the home office and culture.