Logical Reasoning / Aptitude / Skills Assessment
Questions and Answers
- 1.
Wich of the following is the primary law that regulates debt collecting?
- A.
FCRA
- B.
FDCPA
- C.
FDPCA
- D.
FICO
- E.
FCBA
Correct Answer
B. FDCPAExplanation
The primary law that regulates debt collecting is the Fair Debt Collection Practices Act (FDCPA). This law was enacted to protect consumers from abusive and unfair practices by debt collectors. It outlines the rules and guidelines that debt collectors must follow when attempting to collect a debt, such as prohibiting harassment, false or misleading statements, and unfair practices. The FDCPA also grants consumers certain rights, including the right to dispute a debt and request verification. Overall, the FDCPA plays a crucial role in ensuring fair and ethical debt collection practices.Rate this question:
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- 2.
If a consumer notifies a debt collector in writing that the consumer refuses to pay a consumer debt or requests the debt collector cease communicating with the consumer, the debt collector must stop contacting the consumer.
- A.
TRUE
- B.
FALSE
Correct Answer
A. TRUEExplanation
If a consumer notifies a debt collector in writing that they refuse to pay a consumer debt or request the debt collector to stop communicating with them, the debt collector is legally obligated to stop contacting the consumer. This is in accordance with the Fair Debt Collection Practices Act (FDCPA), which provides protection to consumers against unfair debt collection practices.Rate this question:
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- 3.
A debt collector may normally discuss a consumer debt only with the consumer and the following people.
- A.
AN ATTORNEY
- B.
THE CONSUMER'S PARENTS, IF THE PARENTS LIVE WITH THE CONSUMER
- C.
THE CONSUMER'S CHILDREN IF THEY ARE OVER 18 YEARS OF AGE
- D.
A PERSON THAT THE CONSUMER HAS LISTED AS A "CONTACT" ON THE CONTRACT THAT CREATED THE DEBT
- E.
NONE OF THE ABOVE
Correct Answer
E. NONE OF THE ABOVEExplanation
A debt collector may normally discuss a consumer debt only with the consumer and the following people: an attorney, the consumer's parents if they live with the consumer, the consumer's children if they are over 18 years of age, and a person listed as a "contact" on the contract that created the debt. Therefore, the correct answer is "NONE OF THE ABOVE" as all the options listed are valid individuals with whom a debt collector may discuss a consumer debt.Rate this question:
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- 4.
The following is commonly called the "mini-miranda" pursuant to 15 U.S.C. 1692e(11).
- A.
THIS IS AN ATTEMPT TO COLLECT A DEBT, AND ANY INFORMATION WILL BE USED FOR THAT PURPUSE
- B.
I AM A DEBT COLLECTOR, AND YOU HAVE THE RIGHT TO NOT SPEAK WITH ME IF YOU CHOOSE
- C.
I WANT TO ADVISE YOU THIS CALL MAY BE RECORDED OR MONITORED
- D.
THIS IS AN ATTEMPT TO COLLECT A DEBT,
- E.
NONE OF THE ABOVE
Correct Answer
A. THIS IS AN ATTEMPT TO COLLECT A DEBT, AND ANY INFORMATION WILL BE USED FOR THAT PURPUSEExplanation
The given correct answer is "THIS IS AN ATTEMPT TO COLLECT A DEBT, AND ANY INFORMATION WILL BE USED FOR THAT PURPOSE". This statement is commonly referred to as the "mini-miranda" because it is required by the Fair Debt Collection Practices Act (15 U.S.C. 1692e(11)) for debt collectors to provide this disclosure when communicating with consumers. It informs the consumer that the purpose of the communication is to collect a debt and that any information provided will be used for that purpose.Rate this question:
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- 5.
Under the FDCPA, you can only be awarded up to $1000.00 in damages
- A.
TRUE
- B.
FALSE
Correct Answer
B. FALSEExplanation
Under the FDCPA (Fair Debt Collection Practices Act), consumers can actually be awarded up to $1,000 in statutory damages for violations of the act. However, it is important to note that this is the maximum amount that can be awarded and the actual amount awarded may vary depending on the specific circumstances of the case. Therefore, the given answer is incorrect.Rate this question:
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- 6.
In good faith, you bring a lawsuit against an abusive debt collector.
- A.
IF YOU LOSE YOU WILL HAVE TO PAY THE DEBT COLLECTOR'S ATTORNEY FEES AND/OR COST
- B.
EVEN IF YOU WIN YOU WILL STILL HAVE TO PAY YOUR ATTORNEY FEES, SO THERE IS LITTLE POINT TO DO SO
- C.
IF YOU WIN, YOU ARE NO LONGER RESPONSIBLE FOR ANY VALID DEBT.
- D.
ALL OF THE ABOVE
- E.
NONE OF THE ABOVE
Correct Answer
E. NONE OF THE ABOVEExplanation
The correct answer is "NONE OF THE ABOVE" because none of the statements provided accurately reflect the outcome of the lawsuit against an abusive debt collector. If you lose the lawsuit, you may still be responsible for your own attorney fees, but you would not have to pay the debt collector's attorney fees. If you win the lawsuit, you may still be responsible for your own attorney fees, but you would not be relieved of any valid debt. Therefore, none of the statements provided are true.Rate this question:
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- 7.
Books A, B, C, D, and E are placed on the table. If A is below E, C is placed above D, B is placed below A, and D is placed below E. Which of these books touches the surface of the table.
- A.
A
- B.
B
- C.
D
- D.
E
Correct Answer
B. BExplanation
Based on the given information, we can determine the order of the books as follows: E-A-D-C-B. Since B is placed below A, it is the only book that touches the surface of the table.Rate this question:
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- 8.
Three ladies X, Y, and Z marry three men A, B, and C. X is married to A. Y isn't married to and engineer. Z isn't married to a doctor. A is a lawyer. Which of the following statement is correct?
- A.
None of these.
- B.
Z is married to C who is a doctor.
- C.
X is married to a doctor.
- D.
Y is married to C who is an engineer.
Correct Answer
A. None of these.Explanation
Based on the given information, X is married to A who is a lawyer. Y isn't married to an engineer, and Z isn't married to a doctor. Therefore, none of the given statements are correct.Rate this question:
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- 9.
Which number do you need to choose to continue this pattern:2, 7, 14, 23, ?, 47
- A.
31
- B.
34
- C.
38
- D.
28
Correct Answer
B. 34Explanation
The pattern in the given sequence is that each number is obtained by adding 5 to the square of the previous number. Starting with 2, the next number is obtained by adding 5 to the square of 2, which is 9. The next number is obtained by adding 5 to the square of 7, which is 54. Continuing this pattern, the missing number should be obtained by adding 5 to the square of 14, which is 196. Therefore, the missing number is 14 + 5 = 19.Rate this question:
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- 10.
Only gentlemen can become members of the club. Many of club members are officers. Some of the officers have been invited for dinner. Which of the following statements is true?
- A.
All the members of the club have been invited for dinner
- B.
Some of the officers are not gentlemen
- C.
All gentlemen are members of the club
- D.
Only gentlemen have been invited for dinner
Correct Answer
C. All gentlemen are members of the clubExplanation
The correct answer is "All gentlemen are members of the club." This conclusion can be drawn from the given information that only gentlemen can become members of the club. Since some of the officers have been invited for dinner and many club members are officers, it can be inferred that all the officers who have been invited for dinner are gentlemen and, therefore, members of the club. Hence, the statement "All gentlemen are members of the club" is true.Rate this question:
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- 11.
What is the next word?man: biography nation: ?
- A.
History
- B.
Geography
- C.
People
- D.
Leader
Correct Answer
A. HistoryExplanation
The given question presents a pattern where the first word represents a person or individual, and the second word represents a related concept or field. In this pattern, "man" corresponds to "biography," which is a written account of a person's life. Similarly, "nation" should correspond to a related concept or field, and "history" fits this pattern as it is the study of past events, particularly in relation to human affairs. Therefore, "history" is the correct answer.Rate this question:
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- 12.
What word should be used?book: ? comb : tooth
- A.
Title
- B.
Page
- C.
Library
- D.
Knowledge
Correct Answer
B. PageExplanation
The word "book" is related to a "page" as a "comb" is related to a "tooth". In a book, pages are the individual sheets that contain the text, while in a comb, teeth are the individual projections that help to detangle or style hair. Therefore, "page" is the word that should be used.Rate this question:
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- 13.
Choose the variant that is the most suitable.Stone : Sculpture ? : ?
- A.
Mural : Painting
- B.
Opera : Stage
- C.
Canvas : Easel
- D.
Clay : Pottery
Correct Answer
D. Clay : PotteryExplanation
The relationship between stone and sculpture is that stone is the material used to create sculptures. Similarly, clay is the material used to create pottery. Therefore, the most suitable variant for the given analogy is "Clay : Pottery".Rate this question:
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- 14.
A is the son of Q, Q and Y are sisters, Z is the mother of Y, P is the son of Z.Which of the following statements is true?
- A.
P is the maternal uncle of A.
- B.
P and Y are sisters.
- C.
A and P are cousins.
- D.
None of the above.
Correct Answer
A. P is the maternal uncle of A.Explanation
Since Q and Y are sisters, and Z is the mother of Y, it means that Z is also the mother of Q. Since P is the son of Z, it means that P is the sibling of Q. Therefore, P is the maternal uncle of A.Rate this question:
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- 15.
5 women or 8 girls can do a certain amount of work in 84 days. How many days do 10 women and 5 girls need to do the same amount of work?
- A.
32 days
- B.
48 days
- C.
52 days
- D.
38 days
Correct Answer
A. 32 daysExplanation
If 5 women or 8 girls can do the work in 84 days, it means that the work done by 5 women is equal to the work done by 8 girls. To find out how many days 10 women and 5 girls would take to do the same amount of work, we can consider the work done by women and girls separately. Since the work done by 8 girls is equal to the work done by 5 women, it means that the work done by 1 girl is equal to the work done by 5/8 women. Therefore, the work done by 5 girls is equal to the work done by 5*(5/8) = 25/8 women. So, the total work done by 10 women and 5 girls is equal to 10 + 25/8 = 85/8 women. Now, we can set up a proportion to find the number of days it would take for 85/8 women to do the work. If 5 women can do the work in 84 days, then 85/8 women would take (84 * 5) / (85/8) = 32 days to do the same amount of work. Therefore, the correct answer is 32 days.Rate this question:
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- 16.
The first person can type 10 pages in 5 min. The second person can type 5 pages in 10 min. How many pages will they type in 30 min working together?
- A.
15
- B.
25
- C.
65
- D.
75
Correct Answer
D. 75Explanation
The first person can type 2 pages per minute (10 pages in 5 minutes), while the second person can type 0.5 pages per minute (5 pages in 10 minutes). Together, they can type 2.5 pages per minute (2 + 0.5). In 30 minutes, they will be able to type 75 pages (2.5 pages per minute x 30 minutes).Rate this question:
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