Describe the availability of credit today for a person younger than 21 years of age. Do you get credit card offers in the mail and are discounts available when signing up for a proprietary credit card?
What will be an ideal response?
Answer: The Credit CARD Act of 2009 made it more difficult for persons younger than 21 to obtain credit cards. Individuals below the age of 21 must show proof of their income or have an adult, such as a parent, as a cosigner on the account.
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What is the status of social class as a criterion?
What will be an ideal response?
Troxler Inc produces various types of floor rugs with many different designs. They typically produce at least 200 rugs with a single machine setup. A cost incurred every time an individual rug is produced is called a(n):
A) product-level cost. B) batch-level cost. C) unit-level cost. D) facility-level cost.
Generally Accepted Accounting Principles (GAAP) require the use of accrual basis of accounting
Indicate whether the statement is true or false
The order in which the events of a civil trial occur is
a. verdict, charge to jury, testimony. b. summons, jury selection, verdict. c. pretrial procedures, summons, judgment. d. complaint, verdict, pretrial procedures.