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26/09/2022 12:42 pm
Under the Fair and Accurate Credit Transactions Act (FACTA), what is the most appropriate action for a car dealer holding a paper folder of customer credit reports?
- A . To follow the Disposal Rule by having the reports shredded
- B . To follow the Red Flags Rule by mailing the reports to customers
- C . To follow the Privacy Rule by notifying customers that the reports are being stored
- D . To follow the Safeguards Rule by transferring the reports to a secure electronic file
Suggested Answer: C