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Consumer Protection
Unfair, Deceptive, or Abusive Acts or Practices (UDAAP)
Failing to protect consumers from financial abuse
Which UDAAP element is represented in the following statement: Failing to protect consumers from financial abuse.
1 answer
The UDAAP element represented in the statement "Failing to protect consumers from financial abuse" is "Deceptive Acts or Practices" as it involves failing to protect consumers from potential harm or abuse.
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