<span>Consumer rights and consumer protection law provides a way for individuals to fight back against abusive business practices. These laws are designed to hold sellers of goods and services accountable when they seek to profit by taking advantage of a consumer’s lack of information or bargaining power. Some conduct addressed by consumer rights laws is simply unfair, while other conduct can be described as outright fraud. Consumer rights laws exist at the federal and state level. They are enforced by government agencies, offices of attorneys general, and through individual and class action lawsuits filed by victims.
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Answer:
To treat this in the bank reconciliation, the difference of $45 is deducted from the balance per bank.
Explanation:
Based on the information given;
The amount recorded (as a deduction) in the books was in excess of $45 being the difference between the actual amount $749 and the erroneous amount recorded $794.
As such, to reconcile the bank statement balance to the balance in the books, the difference $45 is deducted from the balance per bank.
However, in the computation of the book balance the excess amount $45 is added to the book balance to correct the error.
Answer:
The correct answer is C) A variable ratio reinforcement schedule
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Explanation:
In this case, Neil must use an effort program of variable reason, considering that if he wants to create an operant behavior in a subject, he can administer the reinforcing stimulus only when the subject performs a certain number of times the behavior in question, for example every three times ; In this case, there is a fixed ratio reinforcement program. If instead you prefer to administer the booster when the subject performs a variable number of behaviors (for example, sometimes every three behaviors, sometimes every two, sometimes every four), you will have a variable ratio booster program.
The benefits of portfolio diversification can be obtained if the fund manager adds the stocks which are less than perfectly correlated. In other words, the stocks in a portfolio should have coefficient correlation lesser than 1. The market portfolio is considered to be fully diversified, this is why if the stocks with high correlation with market portfolio is added to our own portfolio, it will approach to the fully diversified portfolio and help in reducing the total risk.
Answer: Option (d) is correct.
Explanation:
Here, Income elasticity of demand for burger is negative because burger is considered as inferior good for this person. There is a inverse relationship between the income of an individual and demand for a inferior good which means that as the income of a consumer increases, as a result demand for inferior good decreases whereas demand for normal good increases with increased income level. Income elasticity of demand for normal good is positive.
