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In the Ordinary Course of Business,EZ Funds Corporation Offers Credit

Question 31

Multiple Choice

In the ordinary course of business,EZ Funds Corporation offers credit to Fay and other consumers and reports on the loans to credit agencies.To save time and money,EZ generally does not correct or update its reported information.This is most likely to result in


A) a levy of a nominal fine.
B) an assessment of damages.
C) an order of rescission of the loan contracts.
D) no sanctions.

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