What does the fcra require regarding disclosure

Assignment Help Business Law and Ethics

Reference no: EM13763929

Case: Burghy v. Dayton Racquet Club - Opinion by District Judge Rice

CASE QUESTIONS:

1. What are the legal issues in this case? What did the court decide?

2. What does the FCRA require regarding disclosure and authorization for obtaining a credit report? Why did the court conclude that this employer's disclosure was in compliance with the FCRA?

3. When does an adverse action occur under the FCRA? What must an employer do before taking an adverse action based on the contents of a credit report? Why was there a "genuine issue of material fact" as to whether the employer took the required actions in this case?

4. The details of the plaintiff's finances are not divulged in the judge's decision. But even if her credit score was very low, why should that result in termination from a job that she had performed for seven years? Does it make sense to base decisions about hiring or retention on an applicant's or employee's finances and credit standing?

Reference no: EM13763929

Questions Cloud

Fiduciary duties of shareholders in closely held corporation : Fiduciary Duties of shareholders in closely held corporations. Duty of controlling shareholders not to sell control of the corporation to a looter

Write a critique of treatment of depression in young people : Write a critique of the study Treatment of depression in young people.

What two tests of employment status were proposed : What two tests of employment status were proposed by the parties to this litigation? What test did the court choose

What complications do class action suits present : What complications do class action suits present when deciding the damages to which class members are entitled? Why does the Court reject the method proposed by the lower court

What does the fcra require regarding disclosure : What does the FCRA require regarding disclosure and authorization for obtaining a credit report? Why did the court conclude that this employer's disclosure was in compliance with the FCRA

What did the appeals court decide : What were the legal issues in this case? What did the appeals court decide

Reward-to-risk ratios for stocks : Stock Y has a beta of 1.4 and an expected return of 15.2 percent. Stock Z has a beta of .7 and an expected return of 9.1 percent. If the risk-free rate is 5.4 percent and the market risk premium is 6.4 percent, the reward-to-risk ratios for stocks Y ..

What are the costs and benefits : Are there any good reasons to have Federal Reserve banks scattered around the country rather than having everything run by the Board of Governors in Washington, D.C.? What are the costs and benefits?

Markets efficiency-semi-strong or weak form of efficient : A stock market analyst is able to identify mispriced stocks by comparing the average price for the last 10 days to the average price for the last 60 days. If this is true, what do you know about the market’s efficiency? Is it Strong, Semi-Strong or W..

User Account

All Pages