Federal Regulations Flashcards
1
Q
Regulation that protects consumer privacy
A
Fair Credit Reporting Act
2
Q
A misstatement of material fact by a person who knows the statement is false
A
Fraud
3
Q
Allows insured sea-men to make claims for injuries that occur on the job
A
Merchant Marine Act
4
Q
Regulation that prohibits any entity from interfering with a motor carrier’s rights to set its own rates
A
Motor Carrier Act
5
Q
Regulation that allows the merger of banks, securities companies, & insurance companies
A
Gramm-Leach Bliley Act
6
Q
Regulation that was impacted in direct response to terrorist attacks
A
Terrorism Risk Act
7
Q
Regulation that made it a felony for a person to engage in insurance business after being convicted of a felony crime involving dishonesty
A
Violent crime control act
