When resolving a billing dispute,a creditor must either tell you why the bill is correct or:
A)correct your account within two billing periods.
B)send this information to a credit bureau.
C)require you to pay the bill in full and then credit your account if the error is found.
D)start the collection process.
E)demand that you surrender your credit card.

Question

Quizplus · Accepted Answer

Under the Fair Credit Billing Act, when resolving a billing dispute, a creditor must either explain why the bill is correct or correct the error on your account within two billing periods (but not more than 90 days) after receiving your dispute.

When Resolving a Billing Dispute,a Creditor Must Either Tell You