The fair credit billing act and the electronic fund transfer act provide consumers with legal protection from unfair billing practices.
<h3>What are unfair billing practices?</h3>
Unfair billing practices refer to:
- Unauthorized credit card charges
- Charges due to errors
- Undelivered goods or services.
The accounts affected y the fair credit billing act and the electronic fund transfer act are credit accounts, including:
- Credit cards accounts
- Charge accounts.
Thus, the fair credit billing act and the electronic fund transfer act provide consumers with legal protection from unfair billing practices.
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Explanation:
sometimes banks would be forced to close down because they did not have the money to pay depositors
Renewal provision describes the insured's right to cancel coverage.
<u>Explanation:</u>
Policy provisions are clauses included in insurance contract that sketches the exact conditions for what amounts along with stipulated restrictions and exclusions or for which coverage the insurance is provided.
An agreement in individual health policy that talks about the conditions based on which the insurer will not renew coverage but can increase the premium amount or cancel the coverage.
In other words, it is individual life insurance policy stipulation that allows the policy owner without going through evidence of insurability, to continue coverage at the end of the term.
D) A candidate’s salary
Explanation: Campaign fund may not be used for a personal be if it
Answer:
Financial literacy as essential equipment to secure hacking and theft practices
Explanation:
Some of the measures to be taken are there should be the introduction of the use of ATM cards and allied stuffs in connection to financial matters for every individual
