In response to <u>credit</u> discrimination, congress passed the equal credit opportunity act. Read below about Equal Credit opportunity.
<h3>What is Equal Credit opportunity?</h3>
The Equal Credit Opportunity Act (ECOA) is a United States law which was enacted on 28 October 1974.
<h3>What is the provision of the Equal Credit Opportunity Act?</h3>
The act makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age.
Therefore, the correct answer is as given above.
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Answer:
D) Lifestyle
Explanation:
Lifestyle can mean way of life or habit. Devon enjoys outdoor recreational activities, this can be described as her way of life, thus, her lifestyle.
If she was influenced by her occupation, she would have considered what she does before buying her car.
If she was influenced by her age, she would have considered her age when buying the car.
If she was influenced by her economic situation, she would have considered money and if the car is too expensive or cheap when buying the car.
I hope my answer helps you
This statement is false. A work station is a space planned for a specific set of tasks.
Answer: Cross-rate can be found by using the given formula ,
So,
Substituting this into the exchange rate for Yen and dollars, we get
Cross-rate in terms of Yen per Pound is 112.41
b. If cross-rate is 
, this means that Yen is quoted high relative to pound. So, the arbitrage profit per dollar will be,
Suppose we take a a loan for $1 and buy £0.6536. Then we use the pounds to purchase
yen at the cross-rate, so we have
£0.6536 (¥115/£1) = ¥75.164
Now, we replay the loan in dollars by exchanging Yen back to dollars. The cost to repay will be:
¥75.164($1/¥73.47) = $1.02305
Your arbitrage profit is $0.02305 per $1 used.
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
