BrightCave is a local retail store that regularly extends credit to its customers.William,an African American,is denied credit by the store.He believes that the store has discriminated against him based on his race.In this scenario,BrightCave violates the ______.

Question

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In this scenario, BrightCave violates the Equal Credit Opportunity Act (ECOA) as it discriminates against its customers on the basis of race. The ECOA prohibits discrimination based on sex, marital status, race, color, age, religion, national origin, or receipt of welfare in any aspect of a consumer credit transaction.

BrightCave Is a Local Retail Store That Regularly Extends Credit