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mixer [17]
2 years ago
7

Looking at her report, jennifer realizes that her bank raised the rate on her last balance. Which federal legislation can she re

fer to in order to challenge her bank?
Business
1 answer:
krok68 [10]2 years ago
8 0

The Fair Debt Collection Practices Act Federal legislation can she refer to in order to challenge her bank.

The truthful Debt collection Practices Act  is the principle federal law that governs debt collection practices. It prohibits debt series businesses from using abusive, unfair or deceptive practices to gather money owed from you.

The Federal exchange fee  is the primary enforcement corporation for the. The diverse financial regulatory businesses enforce thefor the establishments they supervise. Neither the nor every other business enterprise may issue rules governing the gathering of client money owed with the aid of debt creditors

Law that prohibits third-party collection businesses from harassing, threatening and inappropriately contacting a person who owes cash.The only applies to consumer debts incurred for non-public or household expenses. It doesn't practice to company or business debts. government employees when accumulating debt of their authentic ability. Federal or state employees are exempt from the whilst accumulating money owed as a part of their official obligations.

Learn more about fair debt here:-brainly.com/question/25731182

#SPJ4

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If a cheese factory was interested in estimating the market potential for a new light cheese and estimated the potential by mult
marysya [2.9K]

Answer:

True

Explanation:

Generally, a chain-ratio method is a method of estimating the total amount of money to be spent on a particular business in order to achieve marketing targets. Based on the forecast of the factory and the decision to venture into the production of a new cheese product, the chain-ratio method is the best method for the estimation.

7 0
4 years ago
What is the annual cost per mile of operating a car given the following information? Item Value Annual miles driven 11,800 Gas c
GarryVolchara [31]

Answer:

Annual cost per mile of operating a car=$0.409 per mile

Explanation:

Step 1: Calculate the total cost of gas and other associated cost

Total cost of gas=price per gallon×number of gallons consumed

where;

price per gallon=$ 2.79

number of gallons consumed=24

replacing;

Total cost of gas=(24×2.79)=$66.96

Additional  costs=Annual depreciation+interest+insurance+license+

repairs/oil+parking

where;

Annual depreciation=$2,500

interest=$650

insurance=$680

license=$65

repairs/oil=$370

parking=$498

replacing;

Additional costs=(2,500+650+680+65+370+498)=$4,763

Total costs=total gas cost+additional cost=(66.96+4,763)=4,829.96

Total annual operating cost=$4,829.96

Annual cost per mile=Total annual operating costs/number of miles driven

Annual cost per mile=4,829.96/11,800

Annual cost per mile=$0.409 per mile

5 0
4 years ago
With disability income insurance, benefits usually begin:
vladimir2022 [97]
Between 30 and 90 days after the disability occurs
4 0
4 years ago
Read 2 more answers
O’Connell & Co. expects its EBIT to be $83,000 every year forever. The firm can borrow at 11 percent. O’Connell currently ha
andrew11 [14]

Answer:

1. $3,59,666.66

2. $4,10,066.66

Explanation:

1. The computation of value of firm is shown below:-

As the Earning before interest and tax given remains the same, this impact that there is no growth rate in the earnings to consider.

= Earning before interest and tax × (1 - Tax) ÷ Cost of equity

= $83,000 × (1 - 0.35) ÷ (0.15)

= $53,950 ÷ 0.15

= $3,59,666.66

2. The computation of value of levered firm is shown below:-

Value of unlevered firm + Debt × Tax rate

= 3,59,666.66 + ($144,000 × 35%)

= $4,10,066.66

7 0
3 years ago
In each of the following situations, identify if there is a positive or negative externality in play. Explain you answer thoroug
Vitek1552 [10]

Answer:

1. Positive Externality ; 2. Negative Externality ; 3. Positive Externality.

Explanation:

Externalities are benefits or harms to other parties , without payment received or made for them respectively.

Positive Externalities : Externalities positively effecting others. Eg-Education

Negative Externalities : Externalities positively effecting others . Eg-Pollution.

1. Bridal Shop's signage facelift creates benefit for other strip mall businesses also (better business visibility), without former receiving money & latter paying money.

2. Local church celebration creates benefit for all attendants (recreational benefit) ,without former receiving money & latter paying money.

3. Local School bus ramp construction creates harm for commuters of that area (traffic inconvenience) , without former paying money & latter receiving money

7 0
3 years ago
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