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Lorico [155]
3 years ago
11

According to the FTC, how does the ECOA empower individuals?

Business
2 answers:
icang [17]3 years ago
5 0
<span>Credit cannot be denied based on unrelated factors.</span>
Musya8 [376]3 years ago
5 0

According to the FTC, how does the ECOA empower individuals? Credit cannot be denied based on unrelated factors.

FTC stands for the Federal Trade Commission and the ECOA stands for Equal Credit Opportunity Act. The ECOA is a law in the United States in regards to credit applications not being discrimated by race, color, religion, national origin, sex, maritial status, or age. The only reason a person should be denied from receiving loans is if they have a low credit score or other factors that directly relate to the reasons credit lenders deny consumers.

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Which of the following is a rule of thumb for cell phone or smartphone etiquette?
Makovka662 [10]
I would have to say D. all of the above
8 0
3 years ago
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When two or more nonunion employees act together to try to improve working conditions, or when a single employee approaches mana
sashaice [31]

Answer:

Protected Concerted Activity

Explanation:

Protected concerted Activity is a legitimate term utilized in labor approach to characterize representative security against manager counter in the United States. It is a legitimate standard under the subject of the opportunity of affiliation. The term characterizes the exercises laborers may participate in unafraid of boss reprisal. In nations where there is generally vigorous worker rejection insurance

The insurance of ensured purposeful action is to a lesser extent a particular lawful issue. In liberal market social orders like the United States, where it is relatively simple for a business to terminate a representative, the issue of ensured coordinated movement has become a significant work assurance.

7 0
3 years ago
Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa costs​ $500,000 today, and ho
ki77a [65]

Answer:

Annual deposit= $37,714.37

Explanation:

Giving the following information:

The villa costs​ $500,000 today, and housing prices in Mexico are expected to increase by​ 6% per year. Manny and Irene want to make fifteen equal annual payments into an​ account, starting​ today, so there will be enough money to purchase the villa in fifteen years.

The account earns​ 10% per​ year.

First, we need to calculate the final value of the house with the following formula.

FV= PV*(1+i)^n

FV= 500,000*(1.06^15)=$1,198,279.1

Now, we can calculate the annual payments required:

FV= {A*[(1+i)^n-1]}/i

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Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,198,279.1*0.10)/[(1.10^15)-1]

A= $37,714.37

6 0
3 years ago
although stocks can generate greater revenue, they are also more risky than many forms of investments. true or false
34kurt
The correct answer for the question that is being presented above is this one: "TRUE." Although stocks can generate greater revenue, they are also more risky than many forms of investment. Dividends are not guaranteed; each company's board of directors has to vote to issue dividends, and they may not always do so.
4 0
3 years ago
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The Sherman Act of 1890 was passed with the intent of Group of answer choices establishing the Federal Trade Commission (FTC) to
irinina [24]

Answer:

preventing monopolization and/or conspiracy in the restraint of trade.

Explanation:

The Sherman Antitrust Act of 1890 was the first federal law that prohibited monopolistic practices. State legislatures had already passed some state laws that prohibited monopolies but since most monopolies engaged in interstate trade, they weren't affected by them, e.g. railroads, steel factories, etc.

This law was passed in order to address the issue from a national level and include monopolies that engaged in interstate trade.

5 0
3 years ago
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