National credit bureaus collect information on peoples, Ask an Expert

Finance

National credit bureaus collect information on people's credit histories. They are likely to know whether you ever defaulted on a loan.

Suppose that a new privacy law makes it illegal for credit bureaus to collect this information.

What effect would this have on the banking industry?

View complete question

Business Law & Ethics, Finance

Category:- Business Law & Ethics
Reference No.:- M91976549

Have any Question?Write your Review or question?

Related Questions in Business Law & Ethics

Assessment taskassignment questiondiscussi the main ways

Assessment Task Assignment question: Discuss: i. the main ways that a company may source finance; and ii. the benefits and costs associated with the main sources of corporate finance. Guidance - Students are to read text ...

Question 1it has been said that good corporate governance

Question 1 It has been said that good corporate governance is an important ingredient in corporate success and that regulators should encourage good corporate governance. Required Discuss how good corporate governance is ...

Australian commercial law assessment - part a 300 words -in

AUSTRALIAN COMMERCIAL LAW ASSESSMENT - PART A (300 words) - In using the resources of the early Modules, your tribe discussed and developed a constitution. In the new constitution assume that there are rules protecting a ...

Exerciseform yourselves into groups and consider the

Exercise Form yourselves into groups and consider the question: What is research? Write a list of 5 characteristics of research. What are the characteristics of research at postgraduate level? Scholarship: "The analysis ...

Australian commercial and corporations law assignment -this

Australian Commercial and Corporations Law Assignment - This assignment deals with critical problem solving skills. This assessment tests course objectives addressing: Knowledge of relevant law, Application of the law to ...

Assessment descriptionyou are required to watch the

Assessment Description You are required to watch the following YouTube clips from the GRI Secretariat: 1. The GRI Sustainability Reporting Standards: The Future of Reporting 2. Introducing the GRI Standards You must also ...

Assignment - advanced financial accounting1 classification

Assignment - Advanced Financial Accounting 1. 'Classification of liabilities is based on the same principles as the classification of assets.' Do you agree with this? Why or why not? 2. 'Classification of liabilities as ...

Managing the legal environment assignment - research

MANAGING THE LEGAL ENVIRONMENT ASSIGNMENT - RESEARCH PROJECT Company: Nike (a) Summarise in about 250-500 words the characteristics/features of the organisation (you can choose a statutory/government body or select a bus ...

Introduction to business law assessment -case - garcia v

INTRODUCTION TO BUSINESS LAW ASSESSMENT - CASE - Garcia v NAB Introduction of relevant background of the issue, explanation and setting out the argument/theme, key issues and the structure that follows. Identification of ...

Property law for business assignment question -mrs betty

PROPERTY LAW FOR BUSINESS ASSIGNMENT QUESTION - Mrs Betty Joyce lives in an old, war-time vintage army shed in Baldivis. When she started to live in the shed, in the early 1960s, the whole area was a remote backwater. Si ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Law & Ethics Expert