Kip opens an account at a Lotsa Goodies Store, and buys a digital music player and other items, but makes no payments on the account. To collect the debt, Mako, the manager, contacts Kip's parents. This violates

a. no federal law.
b. the Fair and Accurate Credit Transactions Act.
c. the Fair Debt Collection Practices Act.
d. the Truth-in-Lending Act.


a

Business

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During the period when Ben Bernanke was the Fed's Chairman, the inflation rate averaged at about 1.7%. In comparison to other periods when the Fed was headed over by other chairmen, this inflation rate can be considered to be

A. average. B. the highest. C. the lowest. D. above average but not the highest.

Business

Marketers have little information about buyer wants, preferences, and behavior

Indicate whether the statement is true or false

Business

Which of the following is NOT a way in which managers use the production cost reports to make decisions for their companies?

A) evaluating performance B) identifying the most profitable products C) controlling period costs D) preparing the financial statements

Business

Which term was originally used to describe long-term fundraising efforts to build institutions?

A. development B. building funds C. planned giving D. community chest

Business