The primary purposes of the Equal Credit Opportunity Act are to inform consumers about terms of a credit agreement and to require creditors to specify how finance charges are computed.

Answer the following statement true (T) or false (F)


False

Business

You might also like to view...

A professor at a local university noted that the grades of her students were normally distributed with a mean of 78 and a standard deviation of 10. a.The professor has informed us that 16.6 percent of her students received grades of A. What is the minimum score needed to receive a grade of A?b.If 12.1 percent of her students failed the course and received F's, what was the maximum score among those who received an F?c.If 33 percent of the students received grades of B or better (i.e., A's and B's), what is the minimum score of those who received a B?

What will be an ideal response?

Business

The basic distinction between a bilateral contract and a unilateral contract is that

A) only one promise is involved in a bilateral contract B) only one promise is involved in a unilateral contract. C) the Statute of Frauds applies to one and not the other. D) one is enforceable, the other is not.

Business

During a performance review discussion, Simone stated that she "could not evaluate Bob too highly." Brenda interpreted Simone's comments as favorable, but Stan believed she was indicating low performance. Simone's statement illustrates the problem of

A. intuition. B. bounded rationality. C. groupthink. D. ambiguous information. E. uncertainty.

Business

Name a major difference between software development life cycle methodologies and ad hoc approaches to developing a software product

What will be an ideal response?

Business