When an agency has executive powers, it can investigate and prosecute violations

Indicate whether the statement is true or false


TRUE

Business

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A _____ item is expected to result in a cash receipt or a cash payment within approximately one year or less

a. illiquid b. long-term c. current d. noncurrent e. liquid

Business

In a contract involving a competent person and a person adjudged insane, either party can enforce the contract

Indicate whether the statement is true or false

Business

Discuss the requirements of promissory estoppel

Business

The ____ mandates clear disclosure of relevant credit information in consumer credit transactions. It requires conspicuous disclosure of finance charges and interest rates calculated in a uniform manner

A) Equal Credit Opportunity Act B) Fair Credit Billing Act C) Truth-in-Lending Act D) FTC Act

Business