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VLD [36.1K]
3 years ago
12

In 2009, regulations for credit cards were changed by A. agreements between bankers and borrowers. B. the Credit Cardholders' Bi

ll of Rights. C. bankers who felt sorry for cardholders. D. state legislatures.
Business
1 answer:
Leni [432]3 years ago
5 0

Answer:

The correct answer is B. the Credit Cardholders' Bill of Rights.

Explanation:

Basically, the new rule is intended to protect consumers from an arbitrary increase in interest rates, fees, and other finance charges, and prohibits banks from raising interest based on the customer's past due payment history with another banking institution. In addition, entities must allow customers to pay their bills online or by phone, without charging an additional fee, and must notify 45 days in advance of any change in interest rates so that the customer has enough time to review the new terms.

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Cedrick's credit card was​ stolen, and he did not realize that it was stolen until he received his most recent billing stateme
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Answer:

Cedrick's potential maximum liability = $50

Explanation:

Given:

$250 = a Blueminusray player

$600 = new set of tires

$200  = Cash withdrawal

$40 = interest charges

Find:

Cedrick's potential maximum liability

Computation:

Cedrick's potential maximum liability = Blueminusray player  - Cash withdrawal

Cedrick's potential maximum liability = $250 - $200

Cedrick's potential maximum liability = $50

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2 years ago
The premium of a health insurance plan refers to the
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Total Cost of <span>Insurance Coverage

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5 0
3 years ago
Read 2 more answers
Oreo cookies are now extremely expensive to purchase. Instead of buying oreo cookies, i now want to buy chips ahoy. What determi
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In economics, the determinant of demand that this scenario fall under , when you go for chips ahoy because Oreo cookies are now extremely expensive is Change in Price of Substitute Good.

What is Substitute Good?

A substitute good  can be regarded as product or service that  is been used as alternative for other goods.

It should be When the price of a substitute good rise, then demand for the other substitute as well will rise.

  • This is referred to as  <u>positive cross price elasticity.</u>

Learn more about substitute good at:

brainly.com/question/10504938

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2 years ago
Which economic indicator would be most useful for figuring out how healthy a country's businesses are?
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Linda Williams is the new owner of Linda’s Computer Services. At the end of July 2022, her first month of ownership, Linda is tr
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Answer and Explanation:

The Journal entries are shown below:-

1. Salaries expenses Dr, $1,950

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3. Accounts receivable Dr, $1,600

        To Service revenue $1,600

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3 years ago
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