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Question
If there are violations of the Equal Credit Opportunity Act (ECOA), affected consumers
A. have the right to file a petition to the president to seek some form of remedy.
B. can recover punitive damages only in the presence of actual damages.
C. can recover punitive damages up to $100,000.
D. have the right to seek public enforcement by the Federal Trade Commission.
E. have to depend on the government to ensure they have equal opportunities for credit as they cannot pursue private remedies.
Answer
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