Creditors who fail to comply with ECOA are subject to both actual and punitive damages.

A decrease in the current asset to total asset ratio will result in ________

A) an increase in risk B) a decrease in risk C) an increase in profit D) a decrease in profit

Which of the following features of a corporation is LEAST accurate?

A) The owners' identity is separate from a corporation. B) The owners of a corporation are not liable for any obligations the corporation enters into. C) Changes in ownership do not result in the dissolution of the corporation. D) Earnings from a corporation are taxed only once.