Which of the following statements is true about the lemon laws?
a. They are state laws that are aimed toward preventing the public from credit card frauds.
b. They are state laws that attempt to provide new car purchasers with rights that are similar to full warranties under the Magnuson-Moss Act.
c. They are federal laws designed specifically to protect consumers from fraudulent warranties on consumer products.
d. They are federal laws designed to protect debtors of close-ended credit from predatory collection practices that were outlawed in the Dodd-Frank Act.
b
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Commercial paper is the term applied to notes issued by those major corporations with poor credit ratings
a. True b. False Indicate whether the statement is true or false
One of the most effective methods of dealing with stress is to:
A) choose the "flight" response B) maintain an optimistic outlook C) initiate a crusade to alleviate all sources of stress D) throw yourself with renewed vigor into your job E) set up a home office so you can work more frequently
OD consulting has also been referred to as ______ consulting, in an effort to set it apart from consulting in which the practitioner offers content expertise.
a. expert b. process c. responsible d. accountable
Memphis Company anticipates total sales for April, May, and June of $800,000, $900,000, and $950,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from credit sales during the month of June.
A. $592,500. B. $817,500. C. $652,500. D. $561,500. E. $890,000.