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:
70% paid in the month of expenses and remaining paid in next month i.e. (78,400 - 10,000) * 70% = 47,880. (78,400 - 10,000) * 30% = 20,520.
Explanation:
Answer: $2.81 per machine hour
Explanation:
Wages and salaries $ 423,000
Activity cost pools 10%
Allocated amount = 10% of $423000
= 0.1 × 423000
= $42,300
Depreciation = $112,000
Activity cost pools 10%
Allocated amount = 10% of 112,000
= 0.1 × 112000
= $11200
Occupancy 154,000
Activity cost pools 20%
Allocated amount = 20% of 154000
= 0.2 × 154000
= $30800
Total allocated amount = $42300 + $11200 + $30800 = $84300
The cost hour is the machine hour which is 30,000
Rate per machine hour = total allocated amount/machine hour
= 84300/30000
= $2.81 per machine hour
Answer:
Option B and C
Explanation:
In simple words, Because there is a substantial majority of the populace smoking weed, whether lawfully or unlawfully, the tax increase may be a significant stream of extra income for the country. The elasticity with such medications is usually known as inelastic.
Therefore, if the surcharge is brought up, there might be more earnings that the administration can receive after the intake has been legalized and also that income could lead to increased state expenditure in the nation.