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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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A trust deed gives the lender a right to request that the trustee perform certain tasks in order to fulfill the terms of the tru
Ganezh [65]

Answer:

Naked Title

Explanation:

The naked title entitles in the title holder to enforce trust to comply with the clauses of the agreement because this right is given to the trustee. Such titles does not possesses any sort of rights of the ownership of asset and its use. So the only purpose includes the tax benefits and the enforcement of the compliance with the clauses of agreements.

4 0
3 years ago
The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The followi
lapo4ka [179]

Answer:

$25,400

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

The movement in the retained earnings balance may be expressed as

Opening balance + net income - cash dividend paid = closing retained earnings balance

Cash dividend declared - Cash dividend paid =  Cash dividend payable

$49,000 - Cash dividend paid = $23,600

Cash dividend paid = $49,000 - $23,600

= $25,400

6 0
3 years ago
Quitman Enterprises sells its business language dictionary to college students throughout the United States. Joseph Quitman, the
padilas [110]

Answer:

The answer is: E) Market development strategy

Explanation:

A market development strategy involves selling your current products in new markets.

In this case, Quitman Enterprises will sell their language dictionary (current product) to international students abroad (new market).

They will seek to expand their potential market through new users of the same product.

7 0
3 years ago
The company eio wants you and your team to check the security of the network by simulating an attack by malicious individuals. h
m_a_m_a [10]

The answer is "conduct a penetration test".


A penetration test, informally known as a pen test, is an approved simulated assault on a PC framework, performed to assess the security of the framework. The test is performed to recognize the two shortcomings, including the potential for unauthorized parties to access the framework's features and information, and additionally its strength, empowering a full risk assessment to be done.

3 0
3 years ago
Read 2 more answers
The Havard Heating Company has been very successful in the past four years. Over these years, it paid common stock dividend of $
Snowcat [4.5K]

Answer:

$102.34

Explanation:

to be able to use the Gordon growth model, we must first determine the growth rate:

(4.15 - 4) / 4 = 3.75%

(4.35 - 4.15) / 4.15 = 4.82%

(4.58 - 4.35) / 4.35 = 5.29%

we can assume that the company will expect the growth rate to be 5.29%

stock price = (dividend + growth rate) / (required rate of return - growth rate)

= ($4.58 x 1.0529) / (10% - 5.29%) = $4.82 / 4.71% = $102.34

3 0
3 years ago
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