State the violations of the Equal Credit Opportunity Act
What will be an ideal response?
ECOA violations, besides requiring a spouse to cosign, include: a) asking for information about an applicant's spouse or former spouse when not relevant; b) taking race, sex, or national origin into account when making a credit decision; c) requiring certain types of life insurance before issuing a loan; d) basing a credit decision on the area in which the applicant lives; and e) asking about an applicant's intent to have children.
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A homeowner who uses a residence only as a home is allowed which of the following deductions for tax purposes?
a. depreciation b. principal payments c. interest payments d. cost of improvements
How would a unique selling proposition most likely be used to express an idea in an advertising message?
What will be an ideal response?