Question
Kelo applied for a department store credit card at a high-end department store. Kelo had, however, recently become unemployed and was on welfare. The store
Kelo applied for a department store credit card at a high-end department store. Kelo had, however, recently become unemployed and was on welfare. The store wanted to promote an image of wealth and luxury, so it declined Kelo's application. Did the store violate any laws?
a. | No, a person's economic status is not protected under any laws, and stores can discriminate against the poor and those on welfare. | |
b. | No, a store has discretion as to who it grants credit to and can reject a person for any reason. | |
c. | Yes, the store has violated the Equal Credit Opportunity Act. | |
d. | Yes, the store has violated the Magnuson-Moss Warranty Act. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started