What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?

Answers

Answer 1

Answer:

here ;)

Explanation:

Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.


Related Questions

What is NOT a reason a new product might fail?
O Too little marketing support
O Unexpected consumer reaction
O Poor positioning
O Appropriate channels selected

Answers

Appropriate channels selected is NOT a reason why a new product might fail.

All of the following are true statements regarding neoliberalism except Group of answer choices the government should not regulate private enterprise and market forces. the government should strive to cut expenses. property should be communally owned and that people should work for the common good. profits should be maximized through cost reduction. international trade and investment should be tariff and barrier free.

Answers

Answer:

Property should be communally owned and that people should work for the common good

Explanation:

Neoliberalism

This simply entails a shifts in economic control from the government to personal. It reduces the government control so that there is economic growth by favouring free trade and privatization. It is the preference of private control over public. Neoliberalism addresses inflation by creating new monetary policies that reduce or starve inflation.

It is is also defined as the full commitment to individual liberty, and holds the belief of a free market and opposition to state intervention in it. It is often referred to as the "Washington Consensus".

There are four stages of neoliberalism, which are:

1. Classical liberalism

2. Depression era

3. Neoconservatism

4. Neo-Marxian

The statement i.e. not true related to neoliberalism is property should be communally owned and that people should work for the common good.

The following information related to the neoliberalism is:

The government should not regulated the private firms & the market forces.The expenses are cut by striving from the government.Profits could be maximized when there is the reduction in the cost. The international trade & the investment should be considered as the tariff and barrier-free.

Therefore, the above statement should be false.

Learn more: brainly.com/question/16115373

Predict Consequences When the economy is
expanding, which of the following is a business
MOST likely to do?
A. close its international branches
B. lay off employees
C. invest in new equipment
D. cancel new product development

Answers

I believe it’s C. Invest in née equipment

The correct option is C.

When the economy is expanding, the business invests in new equipment.

What happens during an expansion in the economy?

Expansion, in economics, is an upward trend in the business cycle, characterized by an increase in production and employment, which in turn causes an increase in the incomes and spending of households and businesses.

Learn more about expansion in the economy here

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Attention!!! Auction is about to happen!!!!!

1st one=50minecoins
2nd=60minecoins

Answers

Answer:

lol

Explanation:

......................

what is the median of 0,9,6,4,2​

Answers

Answer:

I think the answer is 3 or 5

Explanation:

hope everyone is healthy

Gianna and Nadia want to create a cash flow statement. What will this process MOST likely include?

A. They will decide what they will be spending for the next month.

B. They will determine what their total net worth is
.
C. They will record their income and expenses for a month.

D. They will include this statement on their tax return.

Answers

Answer:

c

Explanation:

Answer: They will record their income and expenses for a month.

Accounts receivable are money that is owed a company for products that have been sold on credit.

a - True
b - False

Answers

Answer:

a - true

Explanation:

what is the answer please

Answer: True

Explanation: I did the test

Paula is the CEO of an agricultural products company. Her factory is located in an area that is part of a trade bloc. The member countries within the bloc have no restrictions on the movement of capital as well as labor. Which type of economic integration bloc might Paula’s business belong to?
economic union
free trade bloc
political union
common market
customs union

Answers

Answer:

free trade bloc

Explanation:

All of the following are examples of a capital project EXCEPT

a - installing a new computer network system.

b - buying a six-month supply of packaging materials to take advantage of a limited discount.

c - purchasing ships to transport goods overseas.

d - purchasing a supplier company.

Answers

Answer:

c

Explanation:

purchasing ships to transport goods oversees

Answer: buying a six-month supply of packaging materials to take advantage of a limited discount

Explanation: I did the test


Mention the subject matter of marine insurance.​

Answers

Answer:

The ship is a very important subject matter of marine insurance. The word Hull refers to the body of the ship or vessel. The ship exposes a number of risks like a cyclone, collision, and arrest by foreign naval power. The insurance which protects the shipowner against the loss of the ship is known as hull insurance

WILL GIVE BRAINLIEST, TRUE OR FALSE QUESTION

A cover letter is a summary of your skills, education, and work experience.
True
False

Answers

Answer:

false

Explanation:

hope this helps

The answer to this question is false

Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?

Answers

Answer and Explanation:

The computation of the equilibrium wages and the number of workers in each industry is as follows:

Since the supply of labor is 6,000

As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b  

So, the equilibrium wage would be $8

Hence, the same would be considered and relevant too

Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option B is a low-risk stock that analysts expect to be worth about $1,102.50 in two years. Option C is a high-risk stock that is expected to be worth about $1,200 in four years. Kylie should choose Select one:
a. option A.
b. option B.
c. option C.
d. either A or B because they are the same to her.

Answers

Answer:

The answer is "Option a".

Explanation:

Risk appetite refers to individuals and a shareholder who doesn't even take risks or wants lower risk and care not when the return will be less than the high risk with the higher return policy. threat averses

It is risk-free, therefore Kylie will choose it. When he invests his [tex]\$1,000[/tex] interest rate is [tex]5\%[/tex] per year for two years

[tex]5\% \ of\ \$1000 = 50[/tex]

[tex]\$50[/tex] the year in which he receives[tex]\$100[/tex] as a share of his[tex]\$1000[/tex] investment in two years. The total return he receives is[tex]= \$1100[/tex]

Lisa is a manager at a customer service call center for a footwear manufacturer. One of the customer service representatives, Mark, is upset because he just finished a call in which the customer berated him for the poor quality of a pair of shoes. Mark is worried that he may be punished for offering the customer a refund and a 20% discount on her next pair of shoes, but Lisa reassures him that he made the right decision and tells a few jokes to get his spirits up. What type of support has Lisa provided?

Answers

Answer: Emotional Support

Explanation:

Giving brainliest to the best answer :)​

Answers

Answer:

the supply curve shifts to the left

Explanation:

I think I found ur worksheet that u are looking for

Copy and paste into ur search bar! HAVE A GOOD DAY!

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Active listening is a process of communication in which the listener engages the speaker by repeating or rephrasing the speaker’s words; the listener may also mirror body language or _____.

apathetic behavior
tone of voice
nervous tics
hand gestures

Answers

Answer: tone of voice

Explanation:

Active listening refers to a process of communication whereby the speaker is engaged by the listener who repeats the words or statements heard.

Active listening involves the individual listening with all his or her senses and giving the speaker all the attention needed.

In active listening, the listener can mirror the body language or the tone of voice of the speaker. Active listening can be either acquired or developed through constant practice.

Downs, Frey, and Vick formed the DFV general partnership to act as manufacturers' representatives. The partners agreed Downs would receive 40% of any partnership profits and Frey and Vick would each receive 30% of such profits. It was also agreed that the partnership would not terminate for five years. After the fourth year, the partners agreed to terminate the partnership. At that time, the partners' capital accounts were as follows: Downs, $20,000; Frey, $15,000; and Vick, $10,000. There also were undistributed losses of $30,000. If Frey died before the partnership terminated ______________.

Answers

Answer: the partnership would automatically dissolve.

Explanation:

A partnership is referred to as an arrangement that occurs when two or more people come together and join the resources that they've together to form a business and share the profits that they make.

Since the partners agreed to terminate the partnership after the fourth year, if Frey died before the partnership terminated, the partnership would automatically dissolve.

We should note that some of the reasons why a general partnerships will dissolve include:

• Withdrawal of a partner

• Death of a partner

• Bankruptcy

Since Frey is dead, the partnership will be dissolved.

Zebb Company developed the following reconciling information in preparing its September bank reconciliation: Cash balance per bank, 9/30 $12,000 Note receivable collected by bank 6,000 Outstanding checks 9,000 Deposits in transit 4,500 Bank service charge 75 NSF check 1,200 Determine the cash balance per books (before adjustments) for Zebb Company. Group of answer choices

Answers

Answer:

We need to reverse the order of a normal reconciliation:

Bank balance $12,000

- Note collected by bank ($6,000)

- Deposits in transit ($4,500)

+ Bank fees $75

+ NSF check $1,200

Cash balance before reconciliation adjustments = $2,775

Give four items of information you would expect to find on a statement of account

Answers

Answer:

An overall balance. This might be positive (if the customer owes you money), negative (if you own them money), or at 0 (if all payments have been settled).

A date range. You might create an account statement that covers a specific month, year, or quarter – or you might want to show every single transaction between you and your customer. Either way, the dates should be clear.

Every transaction made within the specified date range, including sales (paid upfront or on credit), payments, and refunds. You should list the date and value of each transaction.

Document numbers to support each transaction. This might include the numbers from invoices, credit notes, or payment receipts.

Contact details for you and your customer – including company name, address, phone number, or email address.

A currency. This is particularly important if you have customers abroad. Even if you have transactions in multiple currencies, an account statement should only be in one.

I hope i helped! xoxo

GIVE ME THE IDEAS FROM THIS CASE AND WHAT WE HAVE LOOKED AT IN THE PICTURE!!

Answers

Answer:

Tobago is effect Corona various

Is very harmful

I only have few ideas

I hope you like it

Zephyr Inc., a manufacturer of electronics products, is planning to release a new product into the market. They are hoping to tap into a new market of commercial tracking devices. Their product -- FindIt -- is unlike previous tracking devices because it is very small and relatively cheap, but it can be used only within small areas as it has a low detection-range. What type of advertising would be best for Zephyr's FindIt? Which advertising objective would be BEST for FindIt? Group of answer choices

Answers

Answer: Informative advertising

Explanation:

The type of advertising would be best for Zephyr's FindIt is the informative advertising.

Informative advertising is refered to as the form of advertising whereby the strength and the features of the product are relied on. It relies on facts and is used in driving the demand for new products and services.

Question 1 of 10
The primary remedy for a tort is
A. monetary compensation
B. imprisonment
C. arrest
D. defamation

Answers

Answer:

A. monetary compensation

Explanation:

The main remedy against tortious loss is compensation in damages or money. In a limited range of cases, tort law will tolerate self-help, such as reasonable force to expel a trespasser. This is a defense against the tort of battery.

Hope this helped!!!!

Terry Hamilton has just received $22,000 from an uncle who died and is trying to decide how to invest it. She has done some research and has decided that about 30% of the money should go into large cap stocks, 20% into medium cap stocks, 15% into small cap stocks, 10% into bonds, 10% into foreign stock, and 15% into cash. She thinks that even if one area does not do that well, the rest will so that her overall return will be pretty good. Terry is demonstrating an understanding of what aspect of investing

Answers

Answer:

diversification

Explanation:

Diversification is generally considered not putting all your eggs in one single basket. In other words, by diversifying her investment portfolio, if one basket breaks, only one or a couple of eggs will break. This means that if one company doesn't perform well, the performance of the other companies should offset any losses.

What is cold Storewhat is cold Store

Answers

Answer:

Explanation:

Cold

Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,500 of direct materials and used $4,000 of direct labor. The job was not finished by the end of the month, but needed an additional $3,000 of direct materials and additional direct labor of $6,500 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the total cost of the job when it is completed in October?
A. $16,000
B. $22,500
C. $37,000
D. $26,500
E. $32,000

Answers

Answer:

Total cost A38= $37,000

Explanation:

Giving the following formula:

The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred.

Direct labor= 4,000 + 6,500= $10,500

Direct material= 2,500 + 3,000= $5,500

First, we need to apply overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 10,500*2= $21,000

Now, the total cost:

Total cost A38= 10,500 + 5,500 + 21,000

Total cost A38= $37,000

Alpha can produce either 18 oranges or 9 apples an hour, while Beta can produce either 16 oranges or 4 apples an hour. Which of the following statements is true? Alpha should export to Beta, but Beta should not export to Alpha. Since Alpha has an absolute advantage in both goods, no mutual gains from trade are possible. If Alpha specializes in growing oranges and Beta specializes in growing apples, they could both gain by specialization and trade. If Alpha specializes in growing apples and Beta specializes in growing oranges, they could both gain by specialization and trade.

Answers

Answer:

If Alpha specializes in growing apples and Beta specializes in growing oranges, they could both gain by specialization and trade.

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. A country should specialise in the production of goods for which it has a comparative advantage

Alpha

Opportunity cost in producing oranges = 9/18 = 0.5 apples

Opportunity cost in producing applies =  18/9 = 2 oranges

Beta

Opportunity cost in producing oranges = 4 / 16 = 0.25

Opportunity cost in producing applies = 16/4 = 4 oranges

Alpha has an opportunity cost in the production of apples while beta has a comparative advantage in the production of oranges

Alpha should specialise in the production of apples

Beta should specialise in the production of oranges

The City Parks and Recreation Dept. is planting 20 acres of
new park land. The department is renting a grass seed planter
for $17.50 per acre and a tractor for 3 days at $215 per day.
A 7% usage tax is charged. Find the total rental charge.

Answers

Answer: $‭1,064.65‬

Explanation:

Rent on grass seed planter:

= Cost per acre * Acres to be planted

= 17.50  * 20

= $350

Rent on tractor:

= Days needed * Cost per day

= 3 * 215

= $645

Total rent before tax = 645 + 350

= $995

After tax:

= 995 * (1 + tax rate)

= 995 * (1 + 7%)

= $‭1,064.65‬

A firm that is committed to keeping manufacturing facilities in only the home country (and not developing multiple production sites in a variety of countries) can Multiple Choice not mitigate the effects of exchange rate changes. lessen the effect of exchange rate changes by pursuing a strategy of diversifying the markets in which the firm's products are sold. lessen the effect of exchange rate changes by pursuing a strategy of selling commodity products without product differentiation. pursue a strategy of increasing its products price elasticity of demand.

Answers

Answer:

lessen the effect of exchange rate changes by sourcing from where input costs are low

Explanation:

Ralph, the owner of a medium-sized business operated as a sole proprietorship, gives his vice-president, Wanda, authority to hire a new manager for the firm. Ralph gives Wanda detailed instructions about the salary she can contract to pay, but tells her that under no circumstances can she make commitments regarding the new manager's pension. Wanda contracts to hire Nick for the new managerial position. But to get Nick to sign up, she has to make certain specific pension commitments to him. Some years later, Nick sues Ralph for failing to fulfill the pension commitments. Which of the following is true in this case?
a. Ralph has no liability, because he expressly told Wanda that she didn't have authority to bind him on pension matters.
b. Ralph is bound on the basis of Wanda's apparent authority.
c. Ralph is bound on the basis of Wanda's implied authority.
d. Ralph is bound on the basis of Wanda's actual authority.

Answers

Answer:

b. Ralph is bound on the basis of Wanda's apparent authority.

Explanation:

Since in the question it is mentioned that wanda to hire nick for the managerial question but for that she wants to do certain pension commitments

Now After some years, nick sues ralph for the fulfill the pension commitments so here the ralph would be founded based on the authority of Wanda

So the option b is correct

And, the rest of the options would be incorrect

A patent owner cannot exclude others from _____ his or her invention.

a. licensing
b. selling
c. making
d. improving upon​

Answers

I think it’s D I don’t know if I’m wrong or right but D sounds right

Answer:

D. Improving upon

Explanation:

Other Questions
Plz 50 points im desperateA show pony weighs at least 900 pounds. After a recent weigh in, the owner of a show pony amended the diet of his pony, increasing the animal's caloric intake, with the hope that the pony would gain weight to be shown in a few months. The data shown in the table and scatter plot below represents the pony's additional daily caloric intake and recorded weight gain (in pounds) of the show pony over the last ten weeks.Additional Daily Calories Consumed Weight Gained(in pounds)1,500 31,575 71,650 31,725 41,800 81,875 91,950 132,025 72,100 172,175 15Part A: Use the data shown in the table and scatter plot to create an approximate equation for the line of best fit.Part B: In complete sentences, describe the show pony's weight gain in terms of the units used in the data.Part C: According to the equation for the best fit line for the data, approximately how much weight would you expect the pony to gain in a week if its additional daily caloric intake for that week is 2,300 calories? i need a poem 3 stanzas ? After an awards show, Miller has these leftover flowers: 163 carnations, 240 daisies, and 189 lilies. If he uses all of these in a Flower Flash, what percent are daisies? Use the matrix tool to solve the system of equations. Choose the correctordered pair.4x - 7y = -5-6x+ 5y = 2 PLEASE HELP Create an expression equivalent to 4(3x+2y) Randy is playing a number game. Beginning with the number 6, he adds 4, multiples by5, and then divides by -10. He then subtracts 2. What number does he find at the end ofthe game?A. -7B. -3.6C. -4.6D. -5 I have a missing work and I need to tell my teacher a good lie for why I haven't turn it in. If ur lie is good I will give you the brainiest and make another question for you and put 100 points Write an article for publication in a newspaper on 3 cases of high rate of corruption in your country and suggesting 3 ways to deal with the situation The ______ was created to stop the efforts of NATO. Analice el concepto de frontera de posibilidades de produccin y responda que implica producir en mayor cantidad uno de los dos bienes Which graph represents the function f(x) = (3/2)^-x Image for option 1Image for option 2Image for option 3Image for option 4 Members of the National Diet, the legislative branch of Japan, are chosen by a combination ofA. direct elections and proportional representation.oB. proportional representation and executive appointments.O c. executive appointments and civil service examinations.D. civil service examinations and direct elections. 2 4/8 - 1 3/4 pls help i got 1 min Find the distance between the points.(5.10),(5,4)The distance is Select the correct product.(x2 + 4x+8)(2x - 1)0x2+6 x+7O 2x2 -782-12 X-8O2 x +7 x2 + 12 x -80x2+8 -8 Who benefits from this relationship? Parasitism What do you want to accomplish by being Physically Active Write a price describing what it's like to be an 11th grader this year Plss HelpWILL GIVE OUT BRAINLIESTIn 2013, more goods from other countries passed through the Port of Houston than through any other port in the United States. Two out of every three container ships on the Gulf Coast docked at Houston. The value of items imported and exported through the Port of Houston was greater than through any other port in the United States, except Long Beach, in California, and New York City.Which conclusion is supported by the paragraph above?The Port of Houston imports more goods than it exports.The Port of Houston has failed to update its facilities for container ships.Imports and exports at the Port of Houston contribute to global interdependence.Foreign shippers prefer to use the Port of Houston to avoid restrictions on imports. A theme park has a ride that is located in a sphere. The ride goes around the widest circle of the sphere which has a circumference of 558.92 yd. What is the surface area of the sphere?