Creditors who fail to comply with ECOA or Regulation B are subject to _______________________ for actual and punitive damages in an individual or class action.
A. general liability
B. civil liability
C. disclosure liability
D. loan liability
Answer: B. civil liability
Business
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If a large retailer sold numerous items below cost with the intention of punishing small competitors and gaining higher long-run profits by putting those competitors out of business, the retailer would be guilty of ________
A) price collusion B) price fixing C) predatory pricing D) competitive pricing E) penetration pricing
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The DMADV process for improving product and service designs comes to us from what methodology?
A) Project management B) Optimization C) Lean D) Six Sigma
Business