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Nina [5.8K]
3 years ago
10

Describe major laws that are responsible for consumer protection, and the entities that have responsibility for oversight.

Business
1 answer:
Sholpan [36]3 years ago
4 0

Answer:

Major consumer-protecting laws are:

Explanation:

1. Major federal Act Section 5- This legislation specifies that all firms are required to treat the customer equally and must not be at any disadvantage because of their exploitative treatment.

2. Fair Credit Report Act- This statute guarantees that it is treated equally and safely by all companies handling customer data. It makes sure that no unethical sharing of such information with any 3rd person takes place.

3. Financial Modernization Act - This legislation mandates all commercial banks in the United states to include it in principle how they safeguard and manage customer data securely.

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4 years ago
The accuracy of cost-volume-profit analysis is limited because it assumes a strictly linear relationship between the variables.
AnnyKZ [126]

Answer:

True

Explanation:

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4 0
3 years ago
When a customer deposits $100 of cash into their checking account at a bank, the cash outside the bank decreases by $100, but th
Scilla [17]
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4 0
4 years ago
Who determines who is authorized for access to areas containing sensitive devices/data/system
Alex Ar [27]

Answer:

Im thinking it is the FBI

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6 0
4 years ago
Read 2 more answers
Swifty Corporation is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product i
Bumek [7]

Answer:

See below

Explanation:

Assembled product

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Profit = $69 - $44 = $25

Unassembled product

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Therefore, Swifty corporation should sell before assembly, the company will be better off by $7

5 0
3 years ago
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