The fair debt collection practices act attempts to prevent abuses by <u>collection agencies</u>. The Option C is correct.
<h3 /><h3>What Is the Fair Debt Collection Practices Act (FDCPA)?</h3>
In United States, the Fair Debt Collection Practices Act is a federal legislation that limits the actions of third-party debt collectors who are attempting to collect their debts on behalf of another person or entity.
This Act restricts the ways that these collectors can contact debtors as well as the time of day and number of times that contact can be mad; and if the legislation is violated, the debtor can sue the debt collection company as well as the individual debt collector for damages and attorney fees.
In 2021, the Consumer Financial Protection Bureau have placed the Debt Collection Rule by clarifying how debt collectors can communicate with debtors.
Read more about Fair Debt Collection Practices Act
brainly.com/question/12272732
#SPJ1
Answer:
B.
Explanation:
Credit card is one of the most common way of making payment while a customer purchases anything in the market. The credit card company charge an amount that is payable by the seller.Thus, it is an expense for the one selling the product.
Given:
Credit card fee: 2%
Sales = $2,700
Credit card charges can be calculated as:
Credit card charges = Sales*Credit card fee
Credit card charges = $2,700*2%
Credit card charges = $54
Now, credit card charge is an expense so it will be debited. The amount is yet to be received so accounts receivable will also be debited. The revenue has been earned so it will be credited.
Thus, the journal entry for the given transaction has been attached below:
<span>Street Survivors was the fifth studio album of the rock group Lynyrd Skynyrd, recorded in 1977. In October of that year, a small plain carrying members of the band as well as managers and support personell, crashed near Gillsberg, Mississippi. Lead Vocalist Ronnie Van Zant, guitarist Steve Gaines, and backup vocalist Cassie Gaines were among the six killed.</span>
Answer options:
a. partly successful.
b. partly unsuccessful.
c. totally successful.
d. totally unsuccessful.
Answer:
D) totally unsuccessful.
Explanation:
Since Sari ratified the contract that Rolf made with Tige, then she should not try to rescind it because Tige can enforce it. Sari had the chance to void the contract, but instead she voluntarily decided to ratify it, and by doing so she expressly agreed to perform her part (which is paying for it).
Answer:
You should use the discount coupon to pay for the Miami trip. Not considering the personal motivations for the trip, the coupon is worth $500. The cost of flying is $600, so you will only pay $100 yourself. You will be spending $900 + $1000 = $1,000 in total.
The opportunity cost of using the coupon is $350 (the cost of the round trip to Atlanta). Even if you add the $350 to the $1,000 expense, the total is $1,350, less than your $1,400 maximum budget.
