Answer:
Credit card companies can invade your privacy by monitoring all your credit card transactions and making decisions, whether correct or incorrect, about your credit worthiness and your character.
Explanations:
All credit card transactions are logged into a data base which is accessible to credit card companies.
Therefore credit card companies can form opinions about your credit worthiness on the basis of your credit card transactions.
For example, if you use your credit card to pay for groceries, utilities, and ordinary bills, a credit card company could assume that you are in financial distress and make a decision to reduce your credit limit.
If a person uses a credit card often at a casino or gambling locations, that could also signify to credit card issuers that the person may not be using money wisely, and may not be willing to provide more credit to the gambler.
To sum it up, personal privacy is lost whenever a person uses a credit card. Credit card issuers may form opinions about a card holder that may be correct or incorrect, based on the person's credit card transactions.
Answer:
Application Trends
Explanation:
The widespread impact of the internet, enterprise intranets, and inter-organizational extranets have been a key factor in the support and success of businesses in local and global markets.
The use of applications in business for different unique activities greatly enhanced production, analysis, evaluations, support and quality delivery in businesses. The use of the internet and other technological infrastructures have enhanced enterprise collaboration, strategic advantage, and commerce in local and global markets.
Answer:
A)The court found that the defendant had established a prima facie defense of duress and remanded the case for further proceedings.
Explanation:
The court ruled in favor of Charlotte Russe because the amendment of the contract was done under duress. Duress occurs when a party (generally with superior bargaining power) threats to file a lawsuit, physically hurt, or in this case cut a service provided if the other party does not agree to the terms of the proposed contract.
E.g. I force my neighbor to sell me his Playstation because if he didn't I would beat him up.
The actual words of the court were:
<em>"[a] party may rescind a contract on the ground of duress if the party proves by clear, cogent, and convincing evidence that [it] agreed to the contract because of an improper threat by the other party that left no reasonable alternative."</em>
Answer:
d
Explanation:
The quantity theory of money was developed by Irving Fisher
According to the the quantity theory of money :
Money supply x velocity = price x quantity
Velocity and quantity are constant in the short run. So, a change in money supply leads to changes in price
According to the equation, changes in money supply leads to equal and proportional changes in price
What happens when the supply of a nonperishable good is greater than the consumer wants to buy?
Excess supply>remains unsold, eventually price drops
