A credit card company is offering an annual percentage rate of 3.9 percent. However, the company fails to mention that this is an introductory rate, and when consumers receive their bills after six months the rate increases to 21.9 percent. The consumers feel their right to ____ has been abused.
A. be treated fairly
B. be informed
C. safety
D. be heard
E. service
Answer: B
You might also like to view...
Form 4868, a six-month extension of time to file, allows a taxpayer to
A. extend the filing date only at the discretion of the IRS. B. extend the filing date of the return as well as payment of the tax due. C. extend the filing date of the return but the estimated amount of tax due must still be paid by the original due date of the return. D. avoid interest on underpayment of taxes due.
Liability for securities fraud is imposed only on the directors of a company
a. True b. False Indicate whether the statement is true or false
If the Mexican peso is valued at 10.812 per U.S. dollar, compute the amount of U.S. currency necessary to buy 100 Mexican pesos
Groundworks Company budgeted the following credit sales during the current year: September, $90,000; October, $123,000; November, $105,000; December, $111,000. Experience has shown that cash from credit sales is received as follows: 10% in the month of sale, 50% in the first month after sale, 35% in the second month after sale, and 5% is uncollectible. How much cash should Groundworks Company expect to collect in November from its current and past credit sales?
What will be an ideal response?