The Fair Debt Collections Act applies to:
A) collection agencies

B) all consumer credit businesses.
C) the IRS.
D) banks.
E)All of the above


A

Business

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Describe the legal aspects of exclusive arrangements such as exclusive dealing and exclusive distribution

What will be an ideal response?

Business

Policies are separated by implementation to take advantage of ________

A) implementer knowledge B) the delegation of work principle C) minimum permissions

Business

The following information should be used for questions 96-98.The figure below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of $78,000 (Transaction 1). Trans?Assets?=Liab.?Owner's Equity?CashAcctsSuppEquipAccts?G. Sawyer,Rev.Expense??Rec??Pay?Capital????????????1+78,000?????+78,000??2- 8,200??+8,200?????3?+5,200?????+5,200?4???+3,680+3,680????5- 3,500???????-3,5006+ 670- 670???????7- 2,400?????- 2,400??8- 450?+450??????Bal  64,120 +4,530 +  450 +11,880=  3,680+  75,600 +  5,200 +-3,500What was the net income or net loss

for Sawyer Architecture Services for the month of June? What will be an ideal response?

Business

Erin, Sarah, and Timmy are equal partners in EST Partnership. Sarah also owns 40% of Elton Corporation. The remaining shareholders of Elton Corporation are: Erin (24%) and Sarah's uncle (36%). What percent ownership does Sarah directly or constructively own in Elton Corporation?

A) 40% B) 64% C) 76% D) 100%

Business