If a credit card is issued to a consumer under the age of 21, the credit card company is required to
A. notify the cardholder's parents so they can monitor their child.
B. give a 60-day notice before making any rate hikes.
C. obtain the signature of a cosigner who has the means to repay any debt.
D. set reasonable spending limits.
Answer: C
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There is a lower limit but no upper limit for a random variable that follows the _____ probability distribution.
A. uniform B. normal C. exponential D. binomial
The salaries of the employees of a corporation are normally distributed with a mean of $25,000 and a standard deviation of $5,000. a.What is the probability that a randomly selected employee will have a starting salary of at least $31,000?b.What percentage of employees has salaries of less than $12,200?c.What are the minimum and the maximum salaries of the middle 95% of the employees?d.If sixty-eight of the employees have incomes of at least $35,600, how many individuals are employed in the corporation?
What will be an ideal response?
Contract law is grounded in ________
A) state and federal case law and statutes including the Uniform Commercial Code B) state and federal case law that now supersedes the Uniform Commercial Code C) the Uniform Commercial Code alone, which now supersedes state and federal case law D) the Commerce Clause of the U. S. Constitution
It is sometimes the case that parties to a contract are unwilling to settle a contract because they don't want to take the blame for poor terms of the agreement. In these cases, the parties will often rely on the arbitration process to make the decisions for them. The term used to describe this problem is:
A. the chilling effect. B. the ripple effect. C. the narcotic effect. D. the arbitration effect.