Final answer:
The Equal Credit Opportunity Act prohibits discrimination by lenders based on gender, race, ethnicity, and some other factors, but does allow them to make decisions based on the amount of income. Option b
Step-by-step explanation:
he federal Equal Credit Opportunity Act is a law that makes it illegal for lenders to discriminate against potential borrowers on the basis of protected characteristics such as gender, race, ethnicity, and under some circumstances, age. The Act was created to redress the systemic discrimination that used to occur in lending practices.
For example, prior to this Act, lenders routinely discriminated against women, particularly married women, by requiring spousal approval for loans or disregarding a woman's income when evaluating loan applications.
To answer the student's question, under the Equal Credit Opportunity Act, lenders are not allowed to discriminate against potential borrowers based on their sex (C) or race (D), or country of national origin (B). The Act does permit lenders to make decisions based on the amount of income (A), to ensure that potential borrowers have the means to repay their debts. Option b