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QuizMultiple Choice

Insurance — Unit test

Question 1 • Personal Finance - SC 26-27 (For Credit)

Federal and state governments protect victims of identity theft by

Answer
A
creating laws that impose fines and jail time for identity thieves.
B
passing laws requiring financial institutions to reimburse victims.
C
forcing credit-reporting agencies to notify victims of suspicious activity.
D
requiring people to do a better job protecting their personal information.

Explanation

Federal and state governments protect victims by making identity theft a crime and imposing penalties on people who commit it. Those penalties can include fines and jail time, so choice A is correct. The other choices describe requirements that are not the general way governments protect identity-theft victims.

AI-written and checked against the verified answer.

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