Solved

DN CorpIs a Credit Reporting Agency

Question 76

Multiple Choice

DN Corp.is a credit reporting agency.DN Corp.furnishes an investigative consumer report about Nicole,a candidate,who is seeking employment at Zenith Corp.,a financial institution.Nicole is given a week's notice that such a report will be generated by DN Corp.as part of Zenith's hiring process.DN Corp.follows reasonable procedure when collecting information about Nicole.However,Nicole realizes that the report contains false information about her.In this scenario,which of the following is most likely to be true?


A) Nicole can sue DN Corp. for furnishing false information as it violates the Fair Credit Reporting Act.
B) Nicole can sue Zenith Corp. for requesting an investigative consumer report.
C) Nicole cannot file a libel action against DN Corp. for furnishing false information regardless of whether the investigative procedures were reasonable or not.
D) DN Corp. is not liable to Nicole as it followed reasonable procedures.
E) DN Corp. is protected by the Fair Credit Reporting Act against any liability regardless of whether the investigative procedures were reasonable or not.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents