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Zepler [3.9K]
3 years ago
9

The __________________, passed in 1968, requires the clear explanation of consumer credit costs and garnishment procedures (taki

ng wages or property by legal means) and prohibits overly high-priced credit transactions.
A) Consumer Credit Expansion Act
B) Credit Growth Act
C) Consumer Credit Protection Act
D) Consumer Safety Act
Business
1 answer:
Bas_tet [7]3 years ago
6 0

Answer:

The correct answer is letter "C": Consumer Credit Protection Act.

Explanation:

Consumer Credit Protection Act of 1968 is federal legislation that covers consumers from credit agreements from banks or financial institutions in the form of loans, overdrafts or cards. The Act determines how the credit should be marketed protecting consumers' overpriced purchases.

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One year ago, you purchased 500 shares of stock for $22 a share. The stock pays $0.32 a share in dividends each year. Today, you
Vadim26 [7]

Answer:

Return on investment=12.81%

Explanation:

<em>Return on investment for a stock comprises of the capitals and dividend earned on the stock.</em>

<em>The capital gain is the difference between he cost of the shares when it was bought and the value when it is sold.</em>

Capital gain = (24.50 -22)× 500= 1250

Dividend earned for a year = 0.32× 500 =160

Total return = 1250  + 160 =1,410

Total return = $1,410

Cost of the shares= 11,000

Return on investment = total return/cost of shares× 100

                                     =1,410 /11,000 ×  100= 12.81

Return on investment=12.81%

3 0
3 years ago
Coffee Klatch Party Group, a political organization, files a claim to challenge a Delaware statute that limits the liberty of al
inn [45]

Answer:

The correct answer is C. This claim is most likely based on the right to substantive due process.

Explanation:

Substantive due process is a means by which the government's ability to interfere with the fundamental rights of individuals is limited. In this case, the fundamental right violated is that of freedom of expression, guaranteed by the First Amendment. Thus, since it is a right with constitutional protection, the government cannot curtail its operation without the due legal process necessary for this purpose.

6 0
3 years ago
What is MMS?
NISA [10]
The answer is c.

Explanation: MMS (multimedia messaging service) allows you to communicate photographs, videos, and other media as well as longer words via SMS.
7 0
3 years ago
Bear tracks, inc., has current assets of $2,180, net fixed assets of $9,400, current liabilities of $1,355, and long-term debt o
abruzzese [7]

(a) Total assets = Current assets + Fixed assets  

Total assets = 2180 +9400 = 11,580

Total liabilities = Current liabilities + long term debt

Total liabilities = 1355+3990 = 5,345

According t the accounting equation, Stockholders equity = Total assets - Total liabilities =  11,580-5,345 = 6,235

Stockholders equity = $6,235

(b) Working capital = Current assets - Current liabilities

Working Capital = 2180-1355

Working Capital = $825

3 0
3 years ago
A relatively steep demand curve indicates that a. quantity demanded will not adjust to a price change. b. quantity demanded will
Scilla [17]

Answer:

The correct answer is option b.

Explanation:

A steep demand curve implies that the demand is relatively inelastic. In other words, a significant change in price will cause a small change in the quantity demanded.  

A flatter demand curve, on the contrary, implies that a small change in price will cause a greater change in quantity demanded. In other words, demand is relatively elastic.  

A change in price will not cause demand to change if the elasticity of demand is perfectly inelastic or when the demand curve is a vertical line.

A change in demand will be equal to the change in price if demand is unitary elastic.

8 0
3 years ago
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