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Question
Fact Pattern 44-1Leo opens a credit card account with Macro Credit, Inc., and later marries Nina. After they divorce, Macro attempts to collect the outstanding balance on the card from Nina. She disputes the debt. Macro reviews its files to confirm the amount of the debt, and leaves the information on her credit report.Refer to Fact Pattern 44-1. According to the court in Case 44.2, Johnson v. MBNA America Bank, N.A., the law that applies in these circumstances uses the term "investigation" to include
a. a means by which consumers can correct inaccurate information in their credit reports.
b. a system by which creditors can avoid responding to consumers who dispute clearly legitimate debts.
c. supercilious requests by consumers.
d. superficial inquiries by creditors.
Answer
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Related questions
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Fact Pattern 41-1
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Refer to Fact Pattern 41-1. Regarding Adam's profits on the purchase and sale of Beta stock, under Section 16(b) of the Securities Exchange Act of 1934 Beta may recapture
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Q:
Fact Pattern 41-1
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