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Credit Damage Quiz
1. Creditor remarks may appear in a credit report for up to ten years.
True
False
2. Credit damage can be measured to determine a compensable range of increased out-of-pocket costs for up to seven years.
True
False
3. Self inflicted bad credit is not compensable.
True
False
4. Credit damage compensation may turn a small case into a large case.
True
False
5. Credit damage measurement is readily available from an economist.
True
False
6. Credit damage measurement is a special damage as defined by Civil Code 3300 and Civil Code 3333.
True
False
7. Credit damage is the appearance of derogatory remarks on credit report caused by a third party, causing denial or more expensive borrowing.
True
False
8. Measuring credit damage is too speculative to be reliable/effective.
True
False
9. Credit damage can be recovered in a civil cause of action.
True
False
10. Credit damage is an insurance compensable damage only if there is sufficient coverage.
True
False
