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Natasha_Volkova [10]
4 years ago
12

Consumer protection laws are meant to:

Business
1 answer:
vodka [1.7K]4 years ago
4 0
B prevent unfair or deceptive business practices 
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Two brothers, Mark and Rick, each inherit $6000. Mark invests his inheritance in a savings account with an annual return of 2.5%
aleksandr82 [10.1K]

Answer:

$198

Explanation:

Two brothers Mark and Rick each inherit $6,000

Mark invests his money in a savings account with an annual return of 2.5%

After one year the interest payment that will be received by Mark can be calculated as follows

= $6,000 × 2.5/100

= $6,000 × 0.025

= $150

Rick invests his portion of the money in a CD paying 5.8% annually

The amount of interest that will be received by Rick after one year can be calculated as follows

= $6,000 × 5.8/100

= $6,000 × 0.058

= $348

Therefore the amount of money that Rick has over Mark after a period of one year can be calculated as follows

= $348-$150

= $198

Hence Rick has $198 more than Mark after one year

4 0
4 years ago
Interest penalties for early withdrawal of savings from certificates of deposit are
jonny [76]

Answer:

D. subtractable as an itemized deduction.

Explanation:

Early withdrawal of savings from Certificates of Deposits (CODs), attracts interest penalties, which are sub-tractable as an itemized deduction.

6 0
3 years ago
Price lining is setting a price floor and a price ceiling for a line of products and then setting price points in between to rep
andrey2020 [161]
<span>This is a true statement. This allows for a company to show that there are differences in the quality or the efficacy of a line of products. The more expensive the product is, the more likely it is to be seen as of a higher quality or as having better constituent elements.</span>
3 0
4 years ago
Nancy aspires to be a business development manager. What job requirements does Nancy need to fulfill? To become a business devel
Solnce55 [7]

Answer:

Nancy needs to have a bachelor’s degree or master’s degree in<u><em> business administration</em></u> and good <u><em>communication</em></u> skills.

Explanation:

The major roles that a business development manager has to perform are:

  • Interpret the sales lead
  • maintain good contacts with the clients and provide information to the new clients.

<em>To get a job as a business development manager, a person should have a degree in business management, administration or another degree pf equivalent value.</em>

<u><em>A person aspiring for this shall have a vast knowledge about business and also should have good communication skills.</em></u>

<u />

5 0
3 years ago
Prices for airline tickets change on average about once per month. This would suggest that airline ticket prices are
DENIUS [597]

Answer:

relatively flexible

Explanation:

Flexible pricing is when there is room for negotiation of prices of a product between the buyers and sellers.

So the price is prone to change in short amount of time.

Sticky price on the other hand tends to be non negotiable and the does not change over time.in the given scenario prices for airline tickets change on average about once per month.

So there is constant change of the price every month. Meaning the buyer can convince the seller to change his offering price.

The price is relatively flexible

8 0
3 years ago
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