What is the primary purpose of the Truth in Lending Act?
What will be an ideal response?
The purpose of the TILA is to protect consumers from unfair and deceptive lending practices. It provides consumers with accurate information about important lending terms. These terms relate to interest rates and how consumer loans function. The act also creates a standardized reporting system for consumers to compare loan offers. It is limited to consumers.
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A(n) ____________________ has a right to be present when the inspector is interviewing employees and the right to stop interviews that are becoming confrontational or disturbing the work environment.
A. union employee B. independent third party C. inspector D. employer representative E. cross-examiner
Abercrombie & Fitch, a clothing retailer, includes a "SHARE" link on the product pages of its website. This link encourages an Abercrombie customer to post a link (perhaps showing a new style of jeans) on Facebook or Twitter. Abercrombie & Fitch hopes that the customer's friends (who are probably very much like current customers) will click the link, visit the page, and make purchases. This is an example of a ________ growth strategy.
A. diversification B. product proliferation C. market penetration D. product development E. market development
Jasper Company accepted a check from Harp Company as payment for services rendered. Jasper's bank statement revealed that the Harp check was an NSF check. What effect will the entry to record the NSF check have on the accounting equation of Jasper Company? Total AssetsTotal EquityA.DecreaseDecreaseB.No effectDecreaseC.DecreaseNo effectD.No effectNo effect
A. option A B. option B C. option C D. option D
A Peripheral Node in SNA can contain
a. only a Workstation b. only a Cluster Controller c. a Cluster Controller and one or more Workstations d. none of the above