All of the above is your answer.
b. the Fair and Accurate Credit Transactions Act.
c. the Fair Debt Collection Practices Act.
d. the Truth-in-Lending Act
Answer:
A. No federal law
Explanation:
Kip opens an account at a Lotsa Goodies Store, and buys a digital music player and other items, but makes no payments on the account. To collect the debt, Mako, the manager, contacts Kip's parents. This violates NO FEDERAL LAW
Mako, the manager, in contacting Kip's parents to collect debt is in violation of the Fair Debt Collection Practices Act, which prohibits communication with anyone other than the debtor, their attorney, a consumer reporting agency, the creditor, or the attorney of the creditor without the consent of the debtor.
In this scenario, the manager Mako's action of contacting Kip's parents to collect the debt violates the Fair Debt Collection Practices Act. This federal law specifically prohibits debt collectors from using unfair or unconscionable means to collect or attempt to collect any debt. This includes the act of communicating with any person other than the consumer, their attorney, a consumer reporting agency, the creditor, the attorney of the creditor or the attorney's debt collector. Therefore, without Kip's explicit consent, Mako's contact with Kip's parents goes against the aforementioned act.
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