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kenny6666 [7]
2 years ago
6

Samantha and Bethany are purchasing their first home and reviewing the terms of a 15-year mortgage with their lender, Jim, at Fi

rst Union Bank. Jim reviews the amount of the loan, the interest rate, the total amount of interest they will pay over the course of their loan, and the total amount of money that will be paid over time. Jim is required to provide this information, as it is federally mandated as part of the Truth in Lending Act that was passed in 1968 to protect consumers. Jim is doing what is _______ right by providing this information to Samantha and Bethany.
Business
1 answer:
Alona [7]2 years ago
4 0

Jim is doing what is<u> legally </u>right by providing this information to Samantha and Bethany.

<h3><u>The Truth in Lending Act (TILA): What Is It?</u></h3>

A federal statute known as the Truth in Lending Act (TILA) was passed in 1968 with the intention of assisting customers in their interactions with creditors and lenders. The Federal Reserve Board implemented the TILA through a number of regulations. The act's disclosure requirements for information like the annual percentage rate (APR), the length of the loan, and the overall costs to the borrower are some of its most significant features. The borrower must be made aware of this information clearly on all documents before signing them, including occasionally on periodic billing statements.

Learn more about The Truth in Lending Act (TILA) with the help of the given link:

brainly.com/question/7696024?referrer=searchResults

#SPJ4

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The Nautical Corporation manufactures custom-made wood wall units. The following data pertains to Job X4A: Direct materials plac
Leokris [45]

Answer:

Total Cost of Job X4A:                                             $

Direct material cost  ($9,000 x 500 units)              4,500,000                              

Direct labour cost (300 hrs x $15 x 500 units )       2,250,000

Overhead applied (100 hrs x $22.50 x 500 units)  1,125,000

Total cost                                                                    7,875,000

Explanation:

The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.          

7 0
4 years ago
According to the leader-member exchange theory, the individual worker is __________, and therefore, each dyadic relationship wil
nataly862011 [7]

According to the leader-member exchange theory, the individual worker is the situation, and therefore, each dyadic relationship will be somewhat different.

The leader-member exchange theory is a relationship-based approach to leadership theory that suggests leaders and members develop distinctive relationships. These relationships depend on their social give and take. The standard of these exchanges within an organization can heavily influence employee outcomes. This theory emphasizes the two-way relationship between leaders and followers.

The main motive of the leader-member exchange theory is to denote an explanation of the outcomes of leadership on members, organizations, and teams. This theory suggests that leaders do not treat every subordinate in the same way. In return, this treatment of the subordinates by their leader determines their work-related attitudes.

Learn more about Leader-member exchange theory: https://brainly.in/question/9862449

#SPJ4

7 0
2 years ago
Kenny is concerned that the amount of spam he is receiving is making him less productive at work. He knows that the
Vsevolod [243]

Answer:

<em>Sorry, I could not type the answer here directly because it doesn't allow me.</em>

It should be "spam" followed by "at"<em> (the symbol sign) </em>and "uce" plus "." and "gov"

There should be no spaces.

Explanation:

A "spam" refers to<em> an email that you do not want in your inbox</em>. They are mostly intended for commercial purposes–including some emails that are deceptive. There are actually many ways to reduce the amount of spam reaching your email. For example, you could use an <em>email filter </em>or choose a <em>unique email address. </em>

Kenny above wants to report the spam he is receiving, thus, he needs to forward it to the Federal Trade Commission <em>(FTC). </em>They are responsible for helping Kenny clear his inbox from spams.

5 0
3 years ago
The price (P) of designer jeans is affected by the supply (S) and the demand (D).
Sedbober [7]

Answer: The answer is A, an increased  demand and no change in supply.

Explanation: I just checked.

8 0
4 years ago
Bill enters into a contract with Tom to supply 100 umbrellas at $10.00 each. The umbrellas were to be delivered on August 20th.
mars1129 [50]

Answer:

Honestly, Bill Can not sue Tom

Explanation:

Firstly I don't know the contractual agreement between Tom and Bill, but based on the fact that Tom informed Bill of the latest happenings as regards the umbrella,

Hence Bill is well Informed.

Now Bill tested his umbrella and they were OK, it doesn't rule out the fact and the possibility of 14 out 100 to be bad, this can be in a form of factory error.

3 0
4 years ago
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