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3 years ago

Which federal legislation gives consumers the right to know what is in their credit report?

Business

1 answer:

Alinara [238K]3 years ago

3 0

Answer:

b. the fair credit reporting act

Explanation:

"The Fair Credit Reporting Act (FCRA) is a federal law that helps to ensure the accuracy, fairness and privacy of the information in consumer credit bureau files. The law regulates the way credit reporting agencies can collect, access, use and share the data they collect in your consumer reports."

Exert from: https://www.experian.com/blogs/ask-experian/credit-education/report-basics/fair-credit-reporting-act-fcra/#:~:text=The%20Fair%20Credit%20Reporting%20Act%20(FCRA)%20is%20a%20federal%20law,collect%20in%20your%20consumer%20reports.

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Goods or services in standard-cycle markets reflect: a. numerous first-mover advantages. b. organizations that serve a mass mark

kogti [31]

Answer:

Option b.

Explanation:

In standard cycle, competitive actions are designed to serve large market shares, to gain customer loyalty and to control the firm's operations which in turn provide the same positive experience to customers.

Goods or services in standard-cycle markets reflect organizations that serve a mass market.

Standard-cycle markets refer to the markets where the firm's competitive advantages are shielded from imitation such that those advantages can be sustained longer but for a shorter period.

These advantages can be sustained for longer period in a slow-cycle market than in fast-cycle markets.

Competitive advantages are sustainable in slow-cycle as these are shielded from imitation for longer periods of time such that imitation is costly.

Option b. is correct

5 0

3 years ago

. If Samsung is using experiments as a research method to understand what kinds of mobile phones are more functional as opposed

Ksenya-84 [330]

The correct answer to the question above is:

D. Quantitative

Quantitative research approach is used in this scenario because the participants are asked to choose among the most functional mobile phone and compare them with other options. The data gathered from participants are then analyzed to make a substantial result.

6 0

3 years ago

Suppose you bought a bond with an annual coupon rate of 7.4 percent one year ago for $897. The bond sells for $926 today. a. Ass

stiv31 [10]

Answer:

Total dollar return is $103.00

Explanation:

The total dollar return on the investment comprises of the increase in price as well as the annual coupon of 7.4% of face value received over the holding period of one year.

annual coupon=face value*coupon rate=$1000*7.4%=$74.00

increase in bond's price=$926-$897=$29.00

Total dollar return on investment=$74.00+$29.00

Total dollar return on investment=$103

8 0

3 years ago

On March 1, 2020, Pronghorn Company sold goods to Goosen Inc. for $600,000 in exchange for a 5-year, zero-interest-bearing note

maks197457 [2]

Answer:

March 1, 2020

Dr Notes Receivable 923,174

Cr Discount on Notes Receivable 323,174

Cr Sales Revenue 600,000

Dr Cost of Goods Sold 368,000

Cr Inventory 368,000

December 31, 2020

Dr Discount on Notes Receivable 45,000

Cr Interest Revenue 45,000

Explanation:

Pronghorn Company Journal entries

March 1, 2020

Dr Notes Receivable 923,174

Cr Discount on Notes Receivable 323,174

Cr Sales Revenue 600,000

Dr Cost of Goods Sold 368,000

Cr Inventory 368,000

December 31, 2020

Dr Discount on Notes Receivable 45,000

Cr Interest Revenue (9% X $600,000 X 10/12)45,000

4 0

3 years ago

What happens when the price decreases in the case of a product that has elastic supply?

ch4aika [34]

They produce less, some go out of business

4 0

4 years ago

Read 2 more answers