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8090 [49]
3 years ago
12

Under the Fair Credit Reporting Act, credit bureaus are required to report information accurately and to remove or correct infor

mation that is outdated or inaccurate. True False
Business
1 answer:
nikdorinn [45]3 years ago
6 0

Answer: True

Explanation:

The FAIR CREDIT REPORTING ACT (FCRA) is a federal law which in 1970 was passed in the United States and seeks to regulate the collection and access to a consumer's credit report.

Amongst other things, the FCRA requires that consumer's get a free credit report per annum from the 3 major Credit bureaus being Equifax, Experian and TransUnion.

Most relevant to this question however is that indeed the Bureaus are to keep information accurate and up to date and if they fail to, a complaint can be launched to the Federal Consumer Financial Protection Bureau.

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Supply chains focus on?
Jlenok [28]

Answer:

Staffing and distribution

Explanation:

Supply subsequently means distributing.

7 0
3 years ago
Tobin starts a catering company of his own and earns a substantial profit in the first year itself. His total earnings are more
Nastasia [14]

Answer:

The correct answer is: greater financial success.

Explanation:

Entrepreneurship brings many advantages to individuals who decide to go on with their ventures. Personal freedom, working at your own schedule, being your own boss, total control over decisions, and greater income are some of them. The disadvantage relies on the fact that all the responsibility relies on one person and working hours are likely to increase.

5 0
4 years ago
Which entities constitute the primary and secondary stakeholders of a business, respectively? __________ are some of the primary
horsena [70]
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
3 0
4 years ago
Read 2 more answers
A pencil manufacturer is in a perfectly competitive market. The firm can sell as much as it wants at a price of $1.50 per pencil
Ierofanga [76]

Answer:

d. Continue production in the short run, but exit the business in the long run unless prices are expected to rise or costs to fall..

Explanation:

Currently, their sales revenue less variable cost is positive as it can sale at $1.50 dollars and the variables cost are less than that. Therefore, there are fixed cost thefirm can pay because it produce.

Now, in the long-run when the firm can exit the market it should consider to do so if it continues to get an average cost above the selling price.

3 0
3 years ago
Aerelon Airways, a commercial airline, suffers a major crash. As a result, passengers are
pickupchik [31]

Answer:

Option B $1.03

Explanation:

First lets calculate present value = cash flow(PVAF, life, rate) where PVAF = present value annuity factor

= 15(PVAF, 10, 5 years)

from the annuity table

Present value = 15 * 3,790 = $56.8618 million

The decrease in Present value will be  $56.8618 million

Decrease in price = present value/number of share = 56.8618/66 = 1.033851 approx $1.03

7 0
3 years ago
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