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Oxana [17]
3 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]3 years ago
5 0

Answer:

need

Explanation:

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Ally Bank advertises "24/7 live customer care," which means that customer can call by telephone and speak with a human being abo
Sidana [21]

Answer:

Ally Bank is emphasizing the Empathy dimension of service quality

Explanation:

Empathy -

It refers to the practice of providing proper attention and help to consumers , is referred to as empathy .

In companies these practice is done in order to help the consumers in the best possible manner , which will in turn help the company with good feedback and profit .

Hence , from the given scenario of the question ,

The correct answer is empathy .

4 0
3 years ago
Congress passed the Sarbanes-Oxley Act to
fiasKO [112]
To… help protect investors from fraudulent financial reporting by corporations
8 0
3 years ago
Service companies and notminusforminusprofit organizations​ ________. A. can use CVP by focusing on measuring the​ organization'
frutty [35]

Answer:

A. can use CVP by focusing on measuring the​ organization's output

Explanation:

Service companies and not-for-profit organizations​ can use CVP by focusing on measuring the​ organization's output.

Cost Volume Profit Analysis bothers on the profitability of company's output, whether it be a product manufacturing company or a service-rendering company.

In the case of a service company, Cost Volume Profit will be computed as: Profit = Service Price - Cost to provide service.

4 0
3 years ago
Read 2 more answers
What two ingredients provide the structure in conventional baked goods?
Natalija [7]
The answer is wheat flour and gluten.
5 0
3 years ago
Other variable costs per unit subtracted from total cogs per unit equals ________ per unit. contribution margin operating margin
Anastasy [175]

Other variable costs per unit subtracted from total COGS per unit equals contribution margin per unit.

Variable costs are expenses that vary in relation to production output or sales.

Variable costs play an important role in determining a product's contribution margin, which is used to calculate a company's break-even or target profit level.

Variable costs are a direct input in the calculation of contribution margin, which is the number of proceeds collected after deducting variable costs from sale proceeds.

Every dollar of contribution margin goes directly toward covering fixed costs; once all fixed costs are covered, every dollar of contribution margin goes toward profit.

As a result, variable costs are a necessary item for businesses attempting to determine their break-even point.

Hence, contribution margin per unit is the answer.

Learn more about contribution margin:

brainly.com/question/17030629

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6 0
1 year ago
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