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rodikova [14]
3 years ago
13

What federal laws protects you if you have a complaint regarding consumer credit?

Business
1 answer:
likoan [24]3 years ago
8 0

Answer: The Consumer Credit Protection Act (CCPA)

Explanation:

In 1968, The Consumer Credit Protection Act was enacted was enacted so that people would only received fair credit practices and also to protect the consumers from harm

According to the CCPA, the total cost that is involved with regards to a loan must be disclosed. Therefore, the federal laws that protects you if you have a complaint regarding consumer credit is The Consumer Credit Protection Act (CCPA).

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Equipment was purchased for $68,000 on January 1, 2013. Freight charges amounted to $2,800 and there was a cost of $8,000 for bu
Dahasolnce [82]

Answer:

a. $26,720

Explanation:

Before computing the accumulated depreciation, first we have to compute the original cost of the equipment, after that the depreciation expense. The calculation is shown below:

Original cos t = Equipment purchase cost + freight charges + installment charges

= $68,000 + $2,800 + $8,000

= $78,800

Now the depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ estimated life in years

= ($78,800 - $12,000) ÷ 5 years

= $13,360

Now the accumulated depreciation is

= Depreciation expense × number of years

= $13,360 × 2 years

= $26,720

5 0
3 years ago
A. medical payment auto 1. covers insured for life; is paid on for a specific-
ivolga24 [154]

Answer:

E. property damage auto 5. pays if insured is at fault and someone else's-  

property is damaged

5 0
3 years ago
Read 2 more answers
Due to the credit crunch that developed during the Great Recession, many small businesses found that __________ were more willin
mixer [17]

Answer:

The correct answer is letter "D": smaller, community banks.

Explanation:

The Great Recession is the economic fall that occurred between 2007 and 2009 as a result of the housing bubble burst in the U.S. During this period many well-known firms such as <em>Chrysler, General Motors, </em>and <em>Lehman Brothers</em> filed for bankruptcy. However, not all the business experienced a downturn.  

A study conducted by the <em>Federal Reserve Bank of St. Louis</em> (2013) indicates that 417 <em>banks and thrift institutions</em> failed between 2006 and 2011 but 702 <em>small community banks</em> reported total assets of around $10 billion by allowing individuals to benefit from loans. Banks and thrift institutions were too conservative in loans during the Great Recession which was interpreted in lower revenues.

3 0
3 years ago
Select the correct answer.<br> How is augmented reality used in businesses?
garri49 [273]

Answer:

It uses everyday things, items like iPhones or tablets, sensors and market to find the place of physical items and then suggest where to put virtual objects.

This might be a little off since I'm not very familiar with business stuff, but I hope this helps.

7 0
3 years ago
5. Successive US administrations have accused the Chinese government of manipulating their currency (Yuan) to
k0ka [10]

A weaker Yuan against the US dollar makes Chinese exports cheaper, increases demand, and makes US exports to China more expensive, thereby reducing the demand for US exports.

<h3>What is international trade?</h3>

International trade is the global exchange of goods and services among countries of the world, involving the use of the foreign exchange.

The three types of international trade are:

  • Export Trade
  • Import Trade
  • Entrepot Trade.

Thus, by manipulating the Yuan, the Chinese government ensures that it has a more competitive advantage over the United States in international trade.

Learn more about Chinese Yuan Manipulation at brainly.com/question/27858412

#SPJ1

5 0
2 years ago
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