Fair lending laws and regulations quiz! It is quite rare to get someone without debt of some kind and people or businesses look for different things before they decide on giving someone or a business credit. The fair lending laws try to ensure that people are not discriminated based on characteristic, race, sex or place of residence. If you want to work for Weber Olcese you must understand these laws and regulations in detail. Test yourself now!
Race or color
Religion
National origin
Sex
Marital status
Age
None of the above
All of the above
The applicant is relying on the spouse’s income, at least in part, as a source of income
The non-applicant spouse will be contractually liable on the account
The non-applicant spouse will be a user or joint obligor on the account
The applicant is relying on alimony, child support, or separate maintenance income as a basis for obtaining the credit
All of the above
True
False
True
False
True
False
True
False
True
False
True
False
Customer's race
Customer's color
Customer's religion
None of the above
True
False
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