American Bar Association (ABA) Consumer Financial Services Committee
10 Questions
24 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which section of the American Bar Association does the Consumer Financial Services Committee belong to?

  • Financial Services Section
  • Business Law Section (correct)
  • Consumer Law Section
  • Banking Law Section
  • The Consumer Financial Services Committee focuses on legal issues and developments in which area?

    Consumer Financial Services

    How does the committee contribute to the professional growth of its members?

    By providing continuing legal education opportunities

    The committee primarily consists of financial industry professionals.

    <p>False</p> Signup and view all the answers

    The Consumer Financial Services Committee is only open to ABA members who specialize in consumer law.

    <p>False</p> Signup and view all the answers

    To promote best practices and consumer safeguards in the financial services business, the committee works with regulatory authorities, industry stakeholders, and other ABA committees.

    <p>True</p> Signup and view all the answers

    In order to advance best practices and consumer protections, the Consumer Financial Services Committee works with regulatory organizations, business stakeholders, and other _________ committees.

    <p>ABA or American Bar Association</p> Signup and view all the answers

    The committee's work covers various areas, including banking, lending, credit reporting, debt collection, mortgage __________, and emerging technologies in consumer finance.

    Signup and view all the answers

    The committee's members can provide legal analysis, __________, and comment letters on proposed regulations that affect consumer financial services.

    Signup and view all the answers

    Through its initiatives, the ABA __________ Financial Services Committee strives to promote consumer protection and ensure responsible practices in the financial services sector, fostering fairness and transparency in consumer finance.

    Signup and view all the answers

    More Like This

    Judicial Branch and Legal Profession Quiz
    5 questions
    ¿Qué es Beer Station?
    16 questions
    American Yawp Chapter 2 Quiz
    15 questions
    Use Quizgecko on...
    Browser
    Browser