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Author Question: Which of the following acts by a third-party collector would be a violation of the FDCPA? A) ... (Read 71 times)

maegan_martin

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on: Jun 24, 2018
Which of the following acts by a third-party collector would be a violation of the FDCPA?
 A) Sending the debtor a postcard that reads: Don't let this bill affect your excellent credit rating
 B) Calling the debtor at home at 8:30 AM to confirm the debt
 C) Referring the account to an attorney for a lawsuit
 D) Filing suit without first contacting the debtor

Question 2

Utah Light, Inc has a takeover offer from Cal Corp Utah Light is experiencing difficulty with earnings and its share price has dropped from 32 to 19. Cal Corp's offer is for 23 per share. Utah Light's board feels that because of pending plans and developing assets, it should not accept the offer. Must the board accept the offer?


asdfasdf

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

No, the case is a classic illustration of the business judgment rule. The decision is supportable even though others may disagree - the directors are protected.


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