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Oxana [17]
4 years ago
12

You recently were hired as a front line debt collection agent for a debt collection service in Michigan. Your boss assigns you t

o a fairly new client. That client shares with you several items: account ledgers showing overdue balances, checks that "bounced" or were returned for insufficient funds, and a list of dates of purchases. Most of the purchases were made more than 6 years ago. Michigan has a six year statute of limitations for the collection of debt, meaning that after six years, one cannot successfully bring a lawsuit to recover old debt. You talk to your boss who instructs you to go ahead and contact the debtors with the standard letter that offers to settle the outstanding debt for 75% of the amount owed. The letter also indicated that failure to either accept the settlement offer within 20 days, or pay off the full amount after day 20 but before day 45, would result in the filing of a lawsuit to collect the debt. As a new collection agent, you know that the Fair Debt Collection Practices Act governs behavior in the industry. Explain why this requested behavior may violate the act.
Business
1 answer:
Softa [21]4 years ago
5 0

Answer:

need

Explanation:

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ddd [48]
C because you have to know how much you make coming in so they can see where you're at
3 0
3 years ago
Read 2 more answers
According to price progression, the lowest prices caskets are placed in the _______ quartile.
AlexFokin [52]

The lower-priced caskets are positioned in the higher mark-on quartile in accordance with price progression. Caskets that cost less will be marked up more.

<h3>What is Pricing Method?</h3>

The pricing method are the ways in which the cost of goods and services can be determined after taking into account all the variables influencing the pricing strategy as a whole, including the product or service, the competition, the target market, the product's life cycle, the firm's expansion plans, etc.

A pricing strategy is a plan or technique for choosing the most competitive price for a good or service. It assists you in setting prices while taking customer and market demand into account in order to maximize profits and shareholder value.

With this price strategy, as the consumer's investment rises, so does the value to them as opposed to value progressive pricing. An approach to pricing in which the cost of the casket and the markup are inversely related.

To learn more about pricing strategy, refer to;

brainly.com/question/20927491

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7 0
2 years ago
Mackey believed that quality of life is a very important consideration, so much so that Whole Foods’ lobster tanks are kept at o
SpyIntel [72]

Answer:

The correct answer is letter "D": a CSR.

Explanation:

Corporate Social Responsibility (CSR) is the set of actions companies take that go beyond their regular operations to ensure consumers' satisfaction and benefit society as a whole. Taking care of their inner and outer environment is a clear example of CSR.

In particular, <em>because of the business Whole Foods is dedicated to, keeping their foods in proper conditions to facilitate the purchase of their consumers and avoid food contamination represents their CSR.</em>

5 0
3 years ago
United Airlines' 2012 balance sheet reported the following (in millions) Total Assets $40,091 Total Liabilities 31,485 Contribut
PtichkaEL [24]

Answer:

C. $ 8,606 million

Explanation:

By the accounting equation you now that :

Total Assets = (Total Liabilities + Owner’s Equity)

In this case it´s

$40,091 = $31,485 + $8,606

It means that the company works with total assets, but it needs to finance these assets through liabilities (mainly suppliers of any kind) and equity, which is the money that the owner put in the company hoping to make a profit.

3 0
3 years ago
Many state legislators have decided to take on crime and other forms of delinquency in schools through zero tolerance policies.
otez555 [7]

Answer:

It is a person-blame

approach that ignores the role of institutions.

Explanation:

Hope this helps

7 0
3 years ago
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