All of the following are provisions of the Credit CARD Act of 2009 except
A) cardholders must be given at least 21 days from the day in which the bill is mailed to make a payment.
B) cardholders younger than age 21 must show proof of their income or have a co-signer.
C) cardholders can spend beyond the limit imposed on the credit card.
D) promotional interest rates must be offered for a period of at least six months.
Answer: C
You might also like to view...
To date, the United States and China are the only two countries that adhere to the 1997 Kyoto Protocol
a. True b. False Indicate whether the statement is true or false
Objectives in organizations should be clear, stated, and known by employees throughout the organization.
Answer the following statement true (T) or false (F)
Organizations that typically provide an array of services to startup companies along with a small amount of funding are referred to as:
A. angel investors. B. crowdfunders. C. incubators. D. venture capital investors.
Julian, a production worker in a doll manufacturing plant, recently changed positions on the manufacturing line from painting the eyes, to attaching arms to each doll. In the past, his work was always impeccable with a very low rate of mistakes, but since the switch, the quality team has found numerous dolls with arms that were haphazardly attached. When his supervisor approached him about his quality issues, Julian replied that other workers down the line were working too quickly, so he didn't have enough time to attach the arms properly each time. In the past, when the product quality was acknowledged, Julian always took the credit and boasted about his abilities. Julian is demonstrating
A. a self-fulfilling prophecy. B. the fundamental attribution error. C. a self-serving bias. D. a correspondence bias.