Badm300 Consumer & Environmental Protection Exam Questions with Correct Answers

Badm300 Consumer & Environmental Protection Exam Questions with
Correct Answers


Question 1:
Federal Trade Commission
Answer:
Prevents anti competitive, deceptive, and unfair business practices



Question 2:
Consumer Financial Protection Bureau
Answer:
Regulates consumer lending and finance



Question 3:
Controlling the Assault of Non-Solicited Pornography and Marketing Act
Answer:
Requires ability to



Question 4:
unsubscribe, accurate headers, a physical address, and clear labeling of adult content
Truth-in-Lending Act
Answer:
Requires lenders to disclose:



Question 5:
5. Penalties for late payments Fair Debt Collection Practices Act
Answer:
Prohibits:



Question 6:
5. Threatening any action outside debt collector's legal rights Fair Credit Reporting Act
Answer:

, Limits credit reporting agencies use of consumer information



Question 7:
Fair and Accurate Credit Transaction Act
Answer:
Gives consumer the right to receive their credit report



Question 8:
annually annually annually annually Fair Credit Billing Act
Answer:
Gives consumer process for disputing credit card charges



Question 9:
Fair Credit & Charge Card Disclosure
Answer:
Requires disclosure of credit card interest rates, fees,



Question 10:
minimum finance charges, payment due dates, and grace periods Credit Card Accountability
Responsibility and Disclosure Act
Answer:
Regulates credit card issuance:



Question 11:
3. Restricts issuance to consumers >21 years Equal Credit Opportunity Act
Answer:
Prohibits discrimination of credit on basis of race, sex, religion,



Question 12:
color, national origin, marital status, age, & welfare program participation Food & Drug
Administration
Answer: