Which of the following is not a step you should take to try to improve your credit score?

A) Reducing unnecessary expenditures
B) Destroying some credit cards
C) Applying for more credit cards
D) Notifying creditors of late payments


Answer: C

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The Smoot-Hawley Tariff Act of 1930 has generally been associated with

a. falling tariffs. b. increases in the volume of trade. c. intensifying the worldwide depression. d. efforts to liberalize nontariff trade barriers.

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The implied warranty of fitness for a particular purpose arises any time there is a merchant

seller. Indicate whether the statement is true or false

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To try to be creative in developing a label is not worth the effort; most people prefer products to be labeled only with the brand name and relevant consumer information.

Answer the following statement true (T) or false (F)

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The power to tax income:

A) is possessed only by the federal government B) is possessed only by state governments. C) may be exercised concurrently by both state and federal governments. D) is controlled exactly like the power to wage war.

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