Dina takes out a student loan from Earnest Bank. When she fails to make the scheduled payments for six months, Earnest advises her of further action that it will take. This is a violation of
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
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Which of the following is a characteristic of a limited liability company (LLC)?
A) It is a separate legal person (or entity) under state law. B) It cannot be found civilly liable for violations of law. C) Its owners are called directors. D) Its owners are personally liable to third parties for debts of the LLC.
If the mean of a normal distribution is negative,
a. the standard deviation must also be negative. b. the variance must also be negative. c. a mistake has been made in the computations, because the mean of a normal distribution cannot be negative. d. none of these alternatives is correct.
Interest earned on a city of Denver bond is excluded from gross income (for federal tax purposes).
Answer the following statement true (T) or false (F)
What is the advantage of a credit union which allows them to pay you a higher return on deposits ?
A. Having many ATMs B. Having many locations C. Having high-end technology D. Being a not-for-profit business