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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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Which is the most common method for calculating credit card balances? A. Previous balance method, B. Adjusted balance method, C.
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The correct answer is C. Average daily balance method.

In average daily we consider balance interest or owed at the end of the day.

To calculate debt credit card we take the percentage of the total amount of current balance which will be termed as the interest then add one percent of the principal.

T o calculate for daily credit card balance we total the balance in the billing cycle everyday then you will divide your total with the number of days which in the cycle.

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You are considering two mutually exclusive projects. Project A costs $3.6 million, has a required return of 14.5 percent, and an
sp2606 [1]

Answer:

Neither

Explanation:

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Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

The decision rule when using the internal rate of return is to undertake the project if the internal rate of return is greater than the required return of the project. If this is not met, the project should be rejected.

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Neither of the project should be selected because the IRR of both projects is less than their required returns

3 0
2 years ago
Media planners seek to reach the largest possible percentage of their target audience with no monetary limitations.
CaHeK987 [17]

As regards media planners trying to reach a large percentage of their target audience with no limitations, this is <u>False</u>.

<h3>Why is this statement false?</h3>

The ultimate goal of a company is to reduce costs and make more profit. As a result, media planners try to keep costs as low as possible when engaging in ad campaigns.

This means that they try to reach the largest percentage of people they can reach, with limitations placed on them.

In conclusion, this is false.

Find out more on media planners at brainly.com/question/7289927.

4 0
1 year ago
When evaluating advertising results, what technique can be used to measure consumer's beliefs or feelings about a product before
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When evaluating advertising results, the Attitudinal measure technique can be used to measure consumers' beliefs or feelings about a product before and after exposure to the ad.

<h3>What are Pre-testing and post-testing in advertising?</h3>

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Advertising Research – 4 Important Types: Product Appeal, Advertising Message, Advertising Media Selection, and Advertising Effectiveness Research.

To learn more about post-testing visit the link

brainly.com/question/17238720

#SPJ4

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