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xz_007 [3.2K]
3 years ago
11

Nadia could not withdraw money from her checking account, even though it had been several weeks since she deposited a check. Wha

t act protects her from this?1. Equal Credit Opportunity Act2. The Truth in Lending Act3. Expedited Funds Availability Act4. The FDIC Deposit Regulations Act
Business
1 answer:
forsale [732]3 years ago
4 0

Answer:

4) The FDIC Deposit Regulations Act

Explanation:

Federal Deposit Insurance Corporation (FDIC) was created by the Banking Act of 1933, and its main function if to provide deposit insurance to depositors in US depository institutions (banks, credit unions, etc.).

In an event of a bank failure, the FDIC protects the depositor's money as long as the bank is insured by the FDIC. The FDIC covers accounts of up to $250,000.

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Irene has made Sara an offer on the purchase of a capital asset. Irene will pay (1) $200,000 cash or (2) $50,000 cash and a 6% i
AlexFokin [52]

Answer:

Irene would prefer the instalment sale because she can defer the payment of tax until a future date. On the other hand, if she accept the cash sale, she would have to pay the tax immediately. The amount invested in certificate of deposit would be after tax.

Thus the value of an instalment payment would be greater than the value of a cash payment

Explanation:

5 0
3 years ago
In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and
Dafna11 [192]

Answer:

In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value.  Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.

3 0
3 years ago
As used in the text, the term environment means all the forces influencing the life and development of the firm.
castortr0y [4]

This statement is False.

What is Lifecycle of business ?

A product's life cycle is the series of events that start when it is first created, follow it as it develops into a mature product, reaches critical mass, and then begins to decrease. A product's life cycle typically includes the following stages: product creation, market launch, growth, maturity, and decline/stability.

  • In business, a product's life cycle tracks its development, maturation, and decline.
  • The business, economic, and inventory cycles are other business cycle categories that have a life cycle-like trajectory.
  • In the early stages of product development, seed money is frequently used.
  • It is beneficial to research a competitor's product's life cycle.

To know more lifecycle of business

brainly.com/question/26300541

#SPJ4

6 0
2 years ago
You can lead a horse to water but you can't make it drink. How might this adage be relevant to expansionary monetary policy?
elena55 [62]

Answer:

The purpose of expansionary monetary policy is to increase the supply of money in the economy which would theoretically make it cheaper for people to borrow money to consume or for companies to borrow money for investment.

The whole thing therefore relies on people and companies borrowing. Sometimes however, monetary policy may work in increasing the amount of money in the economy but then a situation arises where people do not want to borrow and companies do not want to borrow for investment either because they do not think the economy is strong enough for expansion or for whatever other reason. .

They are being given cheaper access to money (led to the water) but they refuse to borrow and invest (can't be made to drink).

4 0
3 years ago
A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles,
Alexus [3.1K]

Answer:

a. $72,000

b. $0.36

c. $6,480

Explanation:

a. Depreciation cost = Cost of truck - Residual value

= $80,000 - $8,000

= $72,000

b. The depreciation rate = (Cost of truck - Residual value) ÷ Estimated total production

= ($80,000 - $8,000) ÷ 200,000 miles

= $72,000 ÷ 200,000 miles

= $0.36

c. The units-of-activity depreciation for the year per mile = Driven miles × Depreciation rate

= 18,000 × $0.36

= $6,480

6 0
3 years ago
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