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Leya [2.2K]
3 years ago
5

Explain any four consumer rights as stipulated in the CPA​

Business
2 answers:
Whitepunk [10]3 years ago
5 0

It’s a bill that has/says that every person has four basic consumer rights. Which are -“the right to be informed, the right to choose, the right to safety, and the right to be heard. ”

Inga [223]3 years ago
3 0

Answer:

The right to be informed, the right to choose, the right to safety, and the right to be heard.

Explanation:

These rights received a lot of attention from the consumer movement, a movement to pass laws protecting consumers from unfair and unsafe business practices.

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A monopoly A. ​doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the m
Ugo [173]

Answer:

A. ​doesn't lose any sales when it raises its price

Explanation:

  • As monopoly is ruled by one set of prices and they are price makers thus even f the prices rise the price will be set above the marginal cost to maximize the profits. Thus a monopoly does not lose its market share as it acts as a single dominating factor in the supply and trade of the goods and services. And it stipulates the financial dealing through a single seller.
6 0
3 years ago
Clancy is a bus driver who enjoys donuts and muffins. Suppose that the price of donuts increases. As a result, the purchasing po
FromTheMoon [43]

Answer:

INCOME EFFECT

Explanation:

Income Effect means change in real income/ purchasing power due to change in price, income staying same.

  • Price Increase reduces real income/ purchasing power, income staying same - because consumer can purchase less from same income.
  • Price decrease increases real income/ purchasing power, income staying same - because consumer can purchase more from same income.

Eg: Income, price of a consumer = Rs100, Rs10 respectively.

Real Income = Income/price = 100/10 = 10. Price fall to 8 increases purchasing power to 12.5 (100/8). Price rise to 12 decreases purchasing power to 8.3 (100/12).

Income Effect : stating - lower purchasing power at higher prices, reduces consumption of all goods and higher purchasing power at lower prices, increases consumption of all goods.

3 0
3 years ago
A registered representative wishes to give a speech to a group of 35 potential retail clients at a restaurant. The speech is scr
maksim [4K]

Answer:

Prior principal approval must be obtained and a copy of the speech must be retained in your firm's Office of Supervisory Jurisdiction

Explanation:

Because the speech is to be givento 35 attendees, it is under the Retail Communication. Every speech should be honest and of good taste; and the speech must be informational, but far from promotional.

It is not required that the speech content has to be pre-filed with the SEC. A copy must be kept a period of f 3 years for inspection by FINRA examiners. The speech script would be kept on file in the firm's supervisory compliance office that is the Office of Supervisory Jurisdiction.

3 0
3 years ago
Two best friends, Thelma and Louise, are making long-range plans for a road trip vacation to Mexico. They will embark on this ad
chubhunter [2.5K]

Answer:

Bond Price​= $1,081.1

Explanation:

Giving the following formula:

Face value= $1,000

Number of periods= 5*2= 10 semesters

Coupon= (0.1/2)*1,000= $50

YTM= 0.08/2= 0.04

<u>To calculate the price of the bond, we need to use the following formula:</u>

<u></u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 50*{[1 - (1.04^-10)] / 0.04} + [1,000 / (1.04^10)]

Bond Price​= 405.54 + 675.56

Bond Price​= $1,081.1

5 0
2 years ago
Justin, a real estate salesperson, would like to offer his colleague a referral fee for referring him a new client. before offer
MrMuchimi
Justin<span> obtained informed consent from the client in order to follow the full disclosure policy. In this policy, referral fee can only be given with the informed consent of the client (this is the party being referred by the </span>referrer<span>). The informed consent should be in writing in order to avoid complications in the future.</span>
8 0
3 years ago
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