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3 years ago

How does the fair credit reporting act help the consumer

Business

1 answer:

Step2247 [10]3 years ago

7 0

<h2>Answer with Explanation</h2>

The Fair credit reporting act is the law that protects consumers from miscommunication being used against them. It helps consumers by offering special guidelines on the methods of credit reporting and provide them access to their own credit report. In addition, protected access is also provided to banks, insurance companies or other businesses that offer credits. It also allows consumers to receive a notification of any possible negative notification as well as protect personal account numbers.

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A 55 year-old supervisor at a private company, who has always received good performance appraisals, is nevertheless fired. Two y

Nezavi [6.7K]

Answer:

a. For the employer because employee could not establish a prime facie case of age discrimination under the ADEA.

Explanation:

This is true, because, had it been that the employee could be able to determine a prime facie reason why he was fired, it would go a long way in his case in the court of law.

4 0

4 years ago

Use the following balance sheet for the ABC National Bank in answering the next question(s). Assume the required reserve ratio i

Licemer1 [7]

Answer:Excess Reserve = $ 27,000 - $ 22,000 = $ 5,000

Explanation:

Given:

Assets :

Reserves = $27,000

Loans = $50,000

Securities = $33,000

Property = $200,000

Liabilities and net worth :

Demand deposits = $110,000

Capital stock = $200,000

First we'll compute required reserve using the following formula:

Excess Reserves (ER) = Total Reserves - Required Reserves

where;

Required Reserves = the Required Reserve Ratio (RR) x DEPOSITS

Required Reserves = 0.20 x $ 110,000 = $ 22,000

∴

Excess Reserve = $ 27,000 - $ 22,000 = $ 5,000

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3 years ago

11. Which of the following is NOT a step of the employment process in the Human Resources

Harrizon [31]

Answer:

A Assess Employee Needs

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3 years ago

The market price of hamburgers in a college town increased recently, and the students in an economics class are debating the cau

agasfer [191]

Please find attached the graphs containing the requested information

The dominant cause of the increase in the price of hamburgers can be determined by the direction of change on quantity demanded: If the equilibrium quantity of hamburgers decreases, then the supply shift in the market for hamburgers must have been larger than the demand shift.

The demand curve shows the relationship between price and quantity demanded. The demand curve is negatively sloped.

The supply curve shows the relationship between price and quantity supplied. The supply curve is positively sloped.

If the increase in the price of hamburgers is as a result of burger joints closing down.

If burger joints closes down, the supply of hamburgers would decrease. The supply curve would shift to the left. As a result of the leftward shift of the supply curve, equilibrium price would rise and equilibrium quantity would decrease.

The increase in the price of hamburgers is as a result of a decrease in the price of French fries.

Hamburgers and French fries are complement goods. Complement goods are goods that are consumed together. An decrease in the price of French fries would lead to an increase in the demand for hamburgers. This would lead to a rightward shift of the demand curve while the supply curve remains unchanged. As a result, both equilibrium price and quantity would increase.

If both events are partially responsible, the supply curve would shift to the left, leading to an increase in price and a decrease in quantity and the rightward shift of the demand curve would lead to an increase in equilibrium price and quantity.

If the decrease in supply is the dominant factor, there would be a decrease in equilibrium quantity.

If the increase in demand is the dominant factor, there would be an increase in equilibrium quantity.

To learn more about demand, please check: brainly.com/question/14456267?referrer=searchResults

8 0

3 years ago

What is marketing?

mixer [17]

I believe it is;
e. Marketing is a process of creating customer value
based on this excerpt... "the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return"

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3 years ago