The Dodd-Frank Act requires that credit card interest rates be no more than four percentage points greater than the Federal Reserve Board prime rate

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Income beneficiary Molly wants to receive all of the municipal bond interest income of the Brenner Trust. A special allocation of this sort must be supported by a nontax ____________________.

Fill in the blank(s) with the appropriate word(s).

Business

Celwyn works for a cosmetics company known for its anti-animal testing policies. Recently, however, a reputable newspaper reported that the company had tested their newest line of blush on rabbits.

Which of the following statements is most likely true about the company? A)? The company's customers will become even more loyal. B)? The company's relevance will increase as a result of this news report. C)? The company's esteem will decrease as a result of this news report. D)? The company will become less differentiated from other cosmetics brands. E) ?The company's esteem will increase as a result of the coverage by a reputable newspaper.

Business

Which of the following is not usually associated with a revolving credit account?

A) A credit limit B) A credit card C) A set monthly payment D) A monthly minimum payment

Business

Organon Teknina sells inexpensive equipment to detect E.coli, listeria, or salmonella bacteria in food. The company serves not-for-profit institutions that need to regularly check food quality. Organon Teknina would be LEAST likely to sell to:

A. Montgomery County school system B. a large pediatric hospital C. a chain of Mexican restaurants D. a chain of church-sponsored retirement homes E. American Red Cross emergency shelter kitchens

Business