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Exam CIPP-US topic 1 question 158 discussion

Actual exam question from IAPP's CIPP-US
Question #: 158
Topic #: 1
[All CIPP-US Questions]

What are the maximum statutory damages for violations of the Fair Credit Reporting Act (FCRA)?

  • A. $500 per violation
  • B. $1,000 per violation
  • C. $2,000 per violation
  • D. $5,000 per violation
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Suggested Answer: B 🗳️
by Romeokton at Feb. 5, 2024, 2:47 p.m.

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Bhimesh
9 months ago
Selected Answer: B
Noncompliance with the FCT can lead to civil and criminal penalties. In addition to actual damages, as of the writing of this book, violators are subject to statutory damages of a maximum of $1,000 per violation, and a maximum penalty of $4063 per willful violation
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Romeokton
11 months, 1 week ago
Selected Answer: B
The correct is B
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