The Fair Credit Reporting Act has to do with:
A) allowing consumers to get their own credit report at no cost once a year
B) credit checks done by potential lenders.
C) reports made by credit agencies.
D) All of these.
D
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The amount of cash the maker is to pay the payee on the maturity date of the note is called the ____________________
Fill in the blank(s) with correct word
The cost of abnormal losses are
a. treated as product costs. b. treated as period cost. c. absorbed by the costs of the good units. d. none of the above.
Assume that Bunch Inc. has an issue of 18-year $1,000 par value bonds that pay 7% interest,
annually. Further assume that today's required rate of return on these bonds is 5%. How much would these bonds sell for today? Round off to the nearest $1. A) $1,032.56 B) $1,201.32 C) $1,134.88 D) $1,233.79
Many professional service partnerships have adopted the LLP form primarily because it
A. limits the number of members. B. allows for the transfer of partners' interests. C. assures the continuity of life. D. limits legal liability.