Anthony’s debit card was stolen and someone purchased over $1,000 worth of items on it. Which law or regulation protects Anthony from having to pay for all of it?
Final answer:
Anthony is protected by the Electronic Fund Transfer Act (EFTA), which limits his liability for unauthorized transactions from a stolen debit card, provided he reports the loss in a timely manner. His liability could range from $0 to $500, or more if not reported within 60 days.
Explanation:
Anthony is protected under laws and regulations that limit a consumer's liability for fraudulent charges on a stolen card. Federal law, specifically the Electronic Fund Transfer Act (EFTA), provides this protection. Under the EFTA, if a consumer reports a stolen debit card before any unauthorized charges are made, they are not responsible for any unauthorized transactions. If the unauthorized transactions are reported within two business days after the consumer learns about the loss or theft, the consumer's liability is limited to $50. If reported after two business days but within 60 days of when the statement is sent, the liability cap is $500. However, if the transactions are not reported within those 60 days, the consumer could potentially be liable for all the stolen funds.
For credit cards, the Fair Credit Billing Act (FCBA) limits a consumer's liability for unauthorized use of their credit card to $50. In many cases, credit card issuers will have policies that further reduce the consumer's liability to $0 as a customer service benefit. It is important for Anthony to report the theft of his debit card as soon as possible to minimize his liability and ensure the protection of the EFTA.
Final answer:
The Federal Fair Credit Billing Act protects Anthony from having to pay for the stolen purchases on his debit card.
Explanation:
The law or regulation that protects Anthony from having to pay for the stolen purchases on his debit card is the Federal Fair Credit Billing Act. This law protects consumers from liability for unauthorized charges made on their credit or debit cards, limiting their liability to $50. However, if the debit card is reported as lost or stolen before any fraudulent charges are made, the cardholder is not responsible for any unauthorized charges.
For example, if Anthony reports his stolen debit card to the bank immediately after discovering the theft, he would not be liable for any of the fraudulent charges.It is essential for Anthony or anyone else whose debit card has been stolen to report the theft to the bank as soon as possible to minimize their liability and protect their financial interests.
Which statement or statements apply to a bond which is selling at a premium?
I. The market value exceeds the par value.
II. The selling rate is above 100.
III. It is sold by corporations, not by the government.
a. I and II
b. I only
c. III only
d. I, II, and III
It is A. I and II
I got it in the test
The correct statements regarding a bond selling at a premium are that the market value exceeds the par value, and the selling rate is above 100. Statement III is incorrect because both corporations and governments can issue such bonds. A rising market interest rate after a bond's issuance leads to a decrease in its value.
Explanation:When considering which statements apply to a bond that is selling at a premium, options I and II are relevant. A bond selling at a premium means that:
The market value exceeds the par value (I).The selling rate is above 100, which indicates a premium (II).Statement III is incorrect because both corporations and governments can issue bonds that sell at a premium. Therefore, the correct answer to the question is a. I and II.
Additionally, the interest rate that Ford is paying on the borrowed funds can be determined by the coupon rate of the bond. If the market interest rate rises from 3% to 4% after the bond is issued, the value of the bond will decrease because the fixed payments from the bond become relatively less attractive compared to new bonds issued at the higher rates.
Which of the following statements is not something you should be thinking when considering changes in your auto insurance policy?
a.Higher deductibles mean lower premiums but more out-of-pocket expense in the event of an accident.
b.The premium you pay guarantees that you will never have to pay more than your deductible in the event of an accident.
c.The more types of insurance you include in your policy, the more protected you are from financial loss in the event of an accident.
d.Lower coverage limits mean lower premiums but more restrictions on the insurance company when covering.
what is a flexible income
Which occupation would be least affected by inflation?
Answer: The correct answer is : A doctor in private practice
Explanation: A doctor in private practice does not have a fixed income. These types of people who have a constant input are the ones that are most affected by inflation. Students would also be negatively affected by inflation because they normally work for low wages.
The most important criteria of a good tracking method is that it is ______.
Answer:
b
Explanation:
What is revision?
A. The step in the writing process where you look at your work critically, asking yourself questions such as, "Will my goal be clear to readers?"
B. The step in the writing process when you determine your purpose and audience
C. The step in the writing process when you want to get the format set and put paragraphs in place, with less of a focus on avoiding errors
D. The step in the writing process when you look closely at language mechanics, word usage, and sentence structure
Option A. is correct.
Revision refers to a process in writing of addition, or removal of sentences, paragraphs and words.
Revision is a step in the writing process where you look at your work critically, asking yourself questions such as, "Will my goal be clear to readers?"
So,
Option A. is correct.
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Revision is the step in the writing process where you look at your work critically, asking yourself questions such as, "Will my goal be clear to readers?" The correct answer is option A.
During the revision stage, writers critically evaluate their drafts to ensure clarity, coherence, and effectiveness in conveying their intended message. This involves considering the overall structure, content, and flow of the writing, making adjustments to improve the work's impact on the audience.
Unlike editing, which focuses on correcting grammatical and mechanical errors, revision addresses higher-level concerns like organization, argument strength, and audience engagement.
Critical Evaluation: Revision requires a thorough examination of the draft to assess whether the writing meets its goals and effectively communicates with the intended audience. Writers ask critical questions about the clarity, purpose, and organization of their work.Improvement Focus: The main objective of revision is to refine and enhance the content, ensuring that the writing is logical, persuasive, and aligned with the writer's objectives. This stage may involve adding, removing, or rearranging sections of the text to achieve better coherence and impact.Choices are really about trading off the _____
value of one option against the alternatives.
the answer would be the expected value
What are benefits that are provided selectively to those in particular need and who meet specific eligibility criteria are termed?
Answer:entitlements
Explanation:
which is an example of an economic factor that affects the business environment
if percent markup on cost and selling price is known one is able to compute the ______
What is the typical relationship between a person’s network size and the number of job leads they have?
a.
The smaller the network, the more job leads available
b.
The larger the network, the more job leads available
c.
The larger the network, the fewer job leads available
d.
None of the above
The larger the network, the more job leads a person has. This is because the importance of network size matters. He would get more job referrals because of the network. It is also easier to know which job is suitable for him and where is the vacancy. The person in network would let him know about the opportunities and it would justify the phrase, ‘you have to be at the right place, at the right time’.
Option b is correct.
The typical relationship between a person’s network size and the number of job leads is that the larger the network, the more job leads are available.
Further Explanation:
Justification for the correct and incorrect answer:
a.
The smaller the network, the more jobs leads available: This option is incorrect.
If the network of the person is smaller, then the person will have fewer job leads because there are less chances of job referral and get to know about fewer job opportunities as there are limited people in the network.
b.
The larger the network, the more job leads available: This option is correct.
The larger network means many people in the network and can provide more information for job opportunities that are available. It also increases the chances for the job referral. Therefore, more job leads are available.
c.
The larger the network, the fewer job leads available: This option is incorrect.
If the network of the person is larger, then the person will have more job leads not less as there are more chances of job referral and get to know about more job opportunities as there are many people in the network.
d.
None of the above: This option is incorrect.
The larger network increases the probability of job leads and vice versa. So, it is important to have a large network for more job leads.
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Answer details:
Grade: High School
Subject: Business Studies
Chapter: Human resource management
Keywords: relationship, person’s network size, the number of jobs, smaller the network, the more jobs leads available, the larger the network, the more job leads available, The larger the network, the fewer job leads available.
Computer technology has made managing a checking account:
a. easier
b. harder
c. more time-consuming
d. impossible
What happens to consumer and business spending when the interest rates go up? To be more specific, do they both rise, fall, or one rise and the other fall (but say which)?
When interest rates rise, generally both consumer and business spending decrease due to the increased cost of borrowing. This can affect decisions to invest in major purchases or projects.
Explanation:When interest rates rise, there is generally a decrease in both consumer and business spending. The reason is that higher interest rates make borrowing more costly. Therefore, consumers tend to borrow less and save more, resulting in a decrease in consumer spending. Businesses also react similarly; they might postpone investment in projects that require borrowing because the higher interest rates increase the cost of capital.
For example, if the interest rates increase, a consumer may decide to hold off on buying a new car because the loan associated with the car would now be more expensive. Similarly, if a business was considering expanding and taking out loans to do so, the higher interest rates might make them reconsider or delay their expansion plans. Therefore, it can be said that in a high interest rate environment, both consumer and business spending will likely decrease.
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Which benefit of the American Free Enterprise System is best represented by the following statement? "American consumers are kept from purchasing products that could cause them serious injury or illness."
Answer
Economic Freedom
Variety of Goods
Government Protection
Responsive Prices
Which of the following is an example of effective time management?
A. Customizing all new emails
B. Keeping your appointment calendar up to date
C. Saving and filing all of your emails
D. Putting all employees into contact groups
Keeping your appointment calendar up to date is an example of effective time management. Hence, option B is correct.
What is effective time management?The goal of efficient time management is to complete more significant tasks in a given day. In actuality, time management skills are even more crucial than time consumption skills. Of course, effective and efficient time managers are the finest.
The advantages of time management include improved competence, clarity, and confidence. You can remain focused and be more productive by learning how to manage your time effectively. You may accomplish more while minimizing procrastination and boosting productivity with the help of effective time management.
Make an effort to set aside at least one hour per day to be ready for anything. It's also a good idea to schedule team meetings and open office hours.
Thus, option B is correct.
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If a bank is offering a higher interest rate of return to investors, the MOST LIKELY impact on borrowers from the same bank is
A)
a decreased savings rate.
B)
an increased savings rate.
C)
a decreased interest rate.
D)
an increased interest rate.
Answer:
D. an increased interest rate.
Explanation:
If a bank is offering a higher interest rate of return to investors, the most likely impact on borrowers from the same bank is D. an increased interest rate. An increased interest rate is what gives investors a higher return because they make money off the interest rates. Banks collect the interest as 'repayment' for the loans they are giving out. This serves as a way for them to protect their investment and also make money off of someone else's loan.
The strongest way to start a formal business document is with a .
A. Question to answer
B. Bottom-line statement
C. Purpose statement
D. List of criteria
Bottom-line statement
Answer: The correct answer is "B. Bottom-line statement".
Explanation: The strongest way to start a formal business document is with a Bottom-line statement.
The bottom-line statement is a solid, clear and effective starting point to use at the beginning of a formal business document.
Most messages are communicated through 55% _______.
Question 15 options:
Tone of voice
Body Language
Words
Laughter
For every decision you make, there is a trade-off.
true or false
For every decision you make, there is a trade-off. Thus, the above statement is True.
A trade-off is a decision based on where one quality, number, or feature of a set or design is diminished or lost in exchange for gains in other areas. In basic English, a tradeoff happens when something improves but something else must worsen.
A trade-off is an instance of compromise when something is given up in exchange for something else. You might need to make a compromise when looking for after-school work, such as giving up a higher hourly income for a job in a more convenient location.
Thus, the above statement is True.
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Every decision involves trade-offs and opportunity costs.
True. When examining the relationship between economics and scarcity, it becomes evident that choices involve trade-offs. Every decision made comes with a cost, highlighting the concept of opportunity cost.
A for-profit institution that works with large companies and corporations to manage deposits, loans, and investments is known as a
A.investment bank
B.commercial bank
C.savings bank
D.credit union
Answer:
B is correct
Explanation:
Who would recall an unsafe toy that presents a choking hazard to young children?
Central Intelligence Agency
Food and Drug Administration
Consumer Product Safety Commission
Federal Communications Commission
Answer:
Consumer Product Safety Commission
Explanation:
I got it right on the test hope this hell pit
George and Miguel want to know more about their local and online competitors and about the retail industry. What is the best way for them to find all of this information?
George and Miguel can learn more about their competitors and the retail industry by conducting market research, reviewing industry reports and analyses, visiting competitors' websites, and creating competitor analysis matrices.
Explanation:George and Miguel can gain insights on their local and online competitors through various methods. First off, they can conduct market research, which includes analyzing public records, reading trade journals, and attending industry events. Secondly, they can use online resources like industry reports and analyses. Websites such as Statista offer a wealth of information on various industry sectors. Furthermore, they can visit competitors' websites to understand their offerings and pricing strategies. Additionally, they can create competitor analysis matrices to compare various aspects of their business against their competitors.
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To learn about their competitors and the retail industry, George and Miguel should employ a multifaceted research approach that includes online searches for market segment information and articles, direct grocery store research, analyzing online shopping behaviors, and possibly conducting interviews with local businesses.
For George and Miguel to investigate their local and online competitors, as well as understand the retail industry, they should consider a multifaceted research approach. Initiating their investigation through an internet search can uncover valuable market segment information. Articles related to the food business can provide insights into grocery store sales and industry trends. It's important to be diligent in this process to ensure the information is both relevant and accurate.
In addition to online research, undertaking in-person visits to grocery stores provides first-hand experience and knowledge of the products and services offered by local competitors. This grocery store research is unparalleled as it allows for immediate observation and analysis of consumer behavior and competitor marketing strategies. Combining these methods will yield a comprehensive view of the competitive landscape.
Online shopping behaviors and preferences are also critical data points. George and Miguel can enhance their understanding of the industry by reviewing online resources and tools. Utilizing publication directories can help them pinpoint media outlets and market data that are relevant to their community and target audience.
I have 3 1/2 weeks to raise $16,000.00
I am planning on having a bake sale, yard sale, and other things.
I need to know how to get the money for the bake sale and still raise the 16,000.00 before the due date. Are there any other suggestions to raise money other than a car wash, bake sale, yard sale, selling knitted objects/ sewn objects or selling homemade jewelry?
Also if I were to create an app... how long before I could actually start making money off of it?
Is there any way I can write a chapter book within this time?
Answer:
all that are shown
In 2 to 3 sentences
explain why real GDP per capita does not reflect the actual distribution of wealth.
please help me...
GDP is the sum of all goods and services produced in an economy. It is the main economic indicator of a nation. Per capita GDP is a social indicator that aims to measure the average income of a nation's population. Per capita GDP calculation consists of simply dividing the GDP value by the total population of a nation.
Per capita GDP indicates the average income of a country, but it is not a good indicator for income distribution. This is because a country may have a high middle income and be very unequal. This will happen if income is concentrated in the hands of a small number of people. This would not be captured by GDP per capita, as this indicator only adds GDP and divides by the total number of people, without any weighting of the distribution of wealth. To determine income distribution, economists use other indicators such as the HDI and the Gini index.
Describe the process a smart car buyer would use before visiting a car dealer.
A smart car dealer will look for the best car based on resale value, mileage, price rates, fuel consumption, car warranty, legitimate car papers, and all other legal criteria.
Who is a car dealer?A car dealer, also known as a vehicle local distributor, is a businessperson who sells new or used vehicles at retail through a dealership contract with a carmaker or its sales subsidiary.
They can also transport a wide range of CPO autos. It hires car salespeople to help them sell their autos.
A smart car dealer is a person who purchase a car would search the best car according to the resale Price, Mileage the car give, Price Rates, Fuel Consumption, Car warranty, genuine car papers and all legal requirements.
Therefore, the car dealer is a Pearson that sells a car to the smart buyer of that car.
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When market equilibrium occurs, quantity demanded is equal to quantity supplied, which means that both sellers and buyers get what they want. Does a market reach market equilibrium on its own, or is it necessary to have some sort of regulator to manage the price and ensure there is equilibrium?
In a market economy, market equilibrium occurs when the quantity demanded by buyers is equal to the quantity supplied by sellers. Market equilibrium can occur naturally without the need for a regulator to manage the price. The forces of supply and demand in the market act as self-regulating mechanisms that drive the price towards equilibrium.
In a market economy, market equilibrium occurs when the quantity demanded by buyers is equal to the quantity supplied by sellers. This means that both buyers and sellers are able to transact at the same price, and there is no surplus or shortage of goods.
Market equilibrium can occur naturally without the need for a regulator to manage the price. The forces of supply and demand in the market act as self-regulating mechanisms that drive the price towards equilibrium. When there is excess demand, prices rise, and when there is excess supply, prices fall, until equilibrium is reached.
For example, let's consider the market for smartphones. If the price of smartphones is initially too high, there will be excess supply as sellers are unable to sell all their products. In response, sellers will lower their prices to encourage more buyers, eventually reaching a point where quantity demanded equals quantity supplied, and market equilibrium is achieved.
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Kevin has had a checking account for a month. As he reconciles his account, Kevin notices that the dates on his check register do not match the dates on his account statement. He immediately calls the bank to find out what the problem is. What is the bank's likely response to Kevin?
Answer:
f
Explanation:
It is less important to account for factors like warranties and durability when purchasing a
A. durable good
B. long-term product
C. nondurable good
D. very expensive item
The answer is C) nondurable good
I took the test and C was correct.
Compared to attending a technical school, completing a four-year college degree allows you to
enjoy lower educational costs
enter the workforce sooner
avoid student loans
select from a wide range of careers