Final answer:
Anthony is protected by the Electronic Fund Transfer Act (EFTA), which limits his liability for unauthorized transactions from a stolen debit card, provided he reports the loss in a timely manner. His liability could range from $0 to $500, or more if not reported within 60 days.
Explanation:
Anthony is protected under laws and regulations that limit a consumer's liability for fraudulent charges on a stolen card. Federal law, specifically the Electronic Fund Transfer Act (EFTA), provides this protection. Under the EFTA, if a consumer reports a stolen debit card before any unauthorized charges are made, they are not responsible for any unauthorized transactions. If the unauthorized transactions are reported within two business days after the consumer learns about the loss or theft, the consumer's liability is limited to $50. If reported after two business days but within 60 days of when the statement is sent, the liability cap is $500. However, if the transactions are not reported within those 60 days, the consumer could potentially be liable for all the stolen funds.
For credit cards, the Fair Credit Billing Act (FCBA) limits a consumer's liability for unauthorized use of their credit card to $50. In many cases, credit card issuers will have policies that further reduce the consumer's liability to $0 as a customer service benefit. It is important for Anthony to report the theft of his debit card as soon as possible to minimize his liability and ensure the protection of the EFTA.
Final answer:
The Federal Fair Credit Billing Act protects Anthony from having to pay for the stolen purchases on his debit card.
Explanation:
The law or regulation that protects Anthony from having to pay for the stolen purchases on his debit card is the Federal Fair Credit Billing Act. This law protects consumers from liability for unauthorized charges made on their credit or debit cards, limiting their liability to $50. However, if the debit card is reported as lost or stolen before any fraudulent charges are made, the cardholder is not responsible for any unauthorized charges.
For example, if Anthony reports his stolen debit card to the bank immediately after discovering the theft, he would not be liable for any of the fraudulent charges.It is essential for Anthony or anyone else whose debit card has been stolen to report the theft to the bank as soon as possible to minimize their liability and protect their financial interests.
If you declare personal bankruptcy, how long will this stay on your credit report
Partnerships refer to more than one owner. a limited partnership ______________.
A limited partnership is a business entity in which some partners have limited liability, unlike general partners. A private company is owned and managed by its owners or hired managers, while a public company sells shares to the public and is managed by a board of directors. The risk involved varies with different factors.
Explanation:In business, a limited partnership refers to a type of partnership in which some partners enjoy limited liability. That means, unlike general partners, they are not responsible for the partnership's debts beyond their investments. Here, the partnership is run by general partners while limited partners typically have little or no say in the day-to-day management. When compared to other types of companies, a private company is owned by its members and managed by them or hired managers on a day-to-day basis, while a public company has sold shares to the public, and is managed by a board of directors elected by the shareholders. The level of risk involved in these organizational structures depends upon various factors such as the nature of business, market conditions, management efficiency, etc.
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What does making a credit card minimum payment mean?
Credit card terms require you to pay at least the minimum payment by the date pointed out every month. This payment is the lowest amount you can pay on your credit card to avoid penalties. Minimum payments are usually a percentage of your outstanding balance.
Hope this helps.
What must an entrepreneur do after creating a business plan
After creating a business plan, an entrepreneur does finance the business.
Further Explanation:
Entrepreneur:
An entrepreneur is a person who alone can start his business. He is the only owner of his business. He does not have any partnerships with other people. He takes all the losses in the business. He also earns all the profit in the business. The successful entrepreneurs are those people who have the ability of leadership and risk management.
Business plan:
A business plan refers a plan in which the entrepreneur decides about when to start the business, the product that has been produced, short term goals, long term goals, estimated how much units produced, cost of production of units and other expenses that have been occurred after starting the business.
After making a business plan, he does finance the business. The entrepreneur starts financing the business. He looks after the sources of finance and how much finance should borrow and how much investment he can do own, and from what sources the entrepreneur should take finance whether from a private bank or any other sources. An entrepreneur decides on the basis of that the debt should not be more than equity as it creates more burden on the business to pay the debt immediately.
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Answer details:
Grade: Middle School
Subject: Business
Chapter: Entrepreneurship
Keywords: Must, an entrepreneur, do after, creating, business plan, business, Entrepreneurship, to finance the business, own business, short term goals, long term goals.
According to the pie chart, which function consumed the largest portion of government expenditures in 2003?
providing retirement income for older citizens
improving roads, bridges, and other infrastructure
providing health care for older and poor citizens
paying the interest on the national debt
improving education and training for poor citize
Final answer:
The largest portion of government expenditures in 2003 was likely spent on providing health care for older and poor citizens, which includes programs like Medicare and Medicaid.
Explanation:
According to the information provided, which reflects government expenditures from various figures, the function that consumed the largest portion of government expenditures in 2003 was likely providing health care for older and poor citizens. This category, which includes programs such as Medicare and Medicaid, has consistently been a significant part of the budget, growing steadily as a percent of GDP. When it comes to entitlements which represent obligations that the government must pay, health care is a substantial portion, alongside Social Security, and interest payments on the national debt.
Credit reports are created by?
Conflict management is dealing with conflict in either a _________________.
a.
confrontational, non-confrontational, or cooperative way
b.
non-confrontational, cooperative, or interpersonal way
c.
cooperative, aggressive, or assertive way
d.
confrontational, non-confrontational, or uncooperative way
Answer:
The answer is A
Explanation:
If as a part of its business, a company routinely handles toxic materials, all employees who come into contact with the hazardous materials should _______.
a.
be allotted more vacation time than other employees
b.
be filing to collect worker?s compensation
c.
be trained to safely handle and dispose of the materials
d.
be able to file complaints to OSHA to close the business
If as a part of its business, a company routinely handles toxic materials, all employees who come into contact with the hazardous materials should be trained to safely handle and dispose off the materials. Therefore, the option C holds true.
What is the significance of hazardous materials?Hazardous materials can be referred to or considered as materials that are usually harmful for the consumption or exposure in any matter as may be prescribed. These materials may also prove to be fatal in nature at some times.
A company that deals in a working environment of hazardous materials =, it becomes extremely for such organization to dispose and treat these materials in a safer manner, so that no further damages are caused to the people after the usage of materials has been completed.
Therefore, the option C holds true and states regarding the significance of hazardous materials.
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a state park charges $5 per car plus $1 per person as an admission fee. the total charged for a car with x people is f(x)=x+5. how will the graph of this function change if the per car charge is changed to $8 per car?
A. The line will shift vertically down by $3
B. the line will shift vertically up by $3.
C. The line will shirt vertically up by $8.
D. The line will shift vertically down by $8.
Answer:
b
Explanation:
Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will always appreciate in value over the long-term. CBoth A & B D or neither a or b
I believe the answer is: A. Cars typically lose the most value in the first year after purchase
As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.
For every problem-solving activity it is crucial that no less than five alternatives be considered.truefalse
A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto the land and try to resell it later for more money. The company decides to build a factory on the land. Any value given up from not choosing the other options is the _____.
i had got trade off and its right
Explain the connections between democracy and the free enterprise system.
How long does a bachelor’s degree program usually take to complete?
A. Two years
B. Four Years
C. One year
D. Five years
Answer:
Four Years
Explanation:
Associates is 2 years
Bachelors is 4 years
Masters is 6 years
Doctorate 8+ years
Dave owns 15 shares of ABC mining stock. on monday the value of each shares rose $2 but on tuesday the value fell $5. what is the change in the value of dave's shares?
Which factors do you think are more to blame for obesity: individual actions or social factors like food marketing? Why?
Obesity is caused by a blend of individual behaviors and broader societal factors including environmental influences, food marketing, and socioeconomic status. Efforts to limit obesity should focus on education, access to healthy foods, and fostering physical activity-friendly environments. A comprehensive approach that recognizes both personal and societal contributors is key to tackling obesity.
Explanation:The causes of obesity are complex, encompassing both personal behavior and societal issues like food marketing. An individual's actions, such as excessive food intake and lack of physical activity, significantly contribute to obesity. However, these behaviors are not entirely personal choices but influenced by environmental factors such as socioeconomic status, availability of healthy food options, and safe places for physical activity. The prevalence of high-calorie, low-nutrient foods and aggressive marketing, especially in neighborhoods with fewer resources, adds to the challenge. Obesity-related diseases become more common in such scenarios, and addressing this health crisis requires considering all contributing factors, from genetic susceptibility to environmental influences and social determinants.
Technological advancements that promote a sedentary lifestyle and the increasing costs of healthy food also play a role in the rising rates of obesity. However, factors that may limit obesity include widespread education on nutrition and health, increased access to healthy food options regardless of socioeconomic status, and the creation of safer, more active communities.
To effectively combat obesity, it's crucial to understand the full spectrum of influences, from personal choices to broader social and economic pressures. Healthcare professionals and public health initiatives focus on promoting healthier lifestyle habits while acknowledging the systemic challenges that make such changes difficult for many.
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Sonya wants to know how much her annual take-home pay will be after she pays FICA taxes totaling 7.65% on an annual salary of $36,590.
Answer:
$27.90 is the correct answer
When a consumer is able and willing to buy a good or service, he or she creates which of the
following?
A)
consumption
B)
allocation
C)
demand
D)
elasticity
The answer is A.) Consumption
In _____ interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews.
In unstructured interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews. This type of interview is also known as a standardized interview or a researcher-administered survey.
In structured interview, on the other hand, managers ask each applicant the same standard question.
What are two ways that a person's wealth may be taxed? Describe these taxes.
3. If a home buyer puts 20% down on a $200,000 house and uses a mortgage to borrow the rest, how much will the mortgage be (excluding any closing costs)? $160,000
The mortgage amount the home buyer would need to borrow after a 20% down payment on a $200,000 house is $160,000, which is the house price minus the down payment.
Explanation:If a home buyer puts 20% down on a $200,000 house, the down payment would be $40,000 (which is 20% of $200,000). The remaining amount of the house price, which the buyer would need to borrow as a mortgage, would be $160,000 (the total price of $200,000 minus the $40,000 down payment). This calculation is based on the concept that putting 20% down is conventional wisdom, though it is possible to put down as little as 3.5% with certain loans such as an FHA loan. However, down payments less than 20% typically require private mortgage insurance (PMI), increasing the overall cost of the mortgage.
Medicare is a national health insurance program that _____.
A. is funded by Social Security taxes
B. only insures people who are under the age of 65
C. covers people over 65 and others with certain disabilities
D. insures America’s poorest people
How many government agencies does the United Kingdom have to oversee the financial industry?
The Correct Answer: 1
Which of the following statements is false? A. A debit card never has a MasterCard or Visa logo on it. B. Your debit card is like cash. C. You do not borrow money when you use a debit card. D. Loaning your debit card to friends is a not smart thing to do.
The false statement is 'A debit card never has a MasterCard or Visa logo on it.' Debit cards can bear these logos, as they are payment systems networks. The other statements regarding the function and security of debit cards are true.
Explanation:The false statement that is options is A. A debit card never has a MasterCard or Visa logo on it. That's not true. Debit cards are often issued by banks and they can bear the logo of MasterCard or Visa, as they are payment systems. It indicates where these cards are accepted as a form of payment.
The other three statements are true. Your debit card is like cash. When you use a debit card, the money is directly deducted from your banking account, just like how cash functions when you pay with it. we cannot borrow money using a debit card. Payment is made from the money you already have in your account, unlike a credit card where you borrow money from the bank to make a purchase. Lastly, Losing your debit card to friends is a not smart thing to do. It can pose risks to your financial security as debit card details can be misused for unauthorized transactions.
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Which of the following payment types require you to pay upfront?
A) Money Order
B) Cashier's Check
C) Pre-paid Card
D) All of the above
Which of the following items are required on a food label?
a. Dietary fiber
b. Sugar alcohol
c. Insoluble fiber
d. Beta-carotene
What are two ways someone could earn money on a real estate investment? 1.) Residents pay to have the floors cleaned. 2.) Owner could sell a property he or she fixed up. 3.) Residents pay rent to the owner. 4.) Owner could charge people that drive by the property.
The correct answers are
Owner could sell a property he or she fixed up
Residents pay rent to the owner
:)
Owner could sell a property the person fixed up and Residents pay rent to the owner are two ways someone could earn money on a real estate investment.
What is real estate investment?The purchasing of real estate as an investment rather than a permanent residence is referred to as real estate investing. In simple terms, it can be defined as any immovable but transferable land, building, infrastructure, or other tangible property.
Thus, option B and C are correct.
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Carla deposits $3,000 a year into her retirement account. if these funds have an average earning of 8 percent over the 40 years until her retirement, what will be the value of her retirement account?
Using the formula for compound interest, it can be calculated that the value of Carla's retirement account will increase to about $800,000 after 40 years, if she deposits $3,000 annually at an average interest rate of 8%.
Explanation:The value of Carla's retirement account after 40 years can be calculated using the formula for compound interest which is A = P(1 + r/n)^(nt). In this scenario, P is $3,000, r is the interest rate which is 0.08, n is the number of times that interest is applied per period, which is 1 (as it's annually), and t is the number of time periods the money is invested for, which is 40 years.
So, substituting in the values we have, A = 3000(1 + 0.08/1)^(1*40). Therefore, the value of Carla's retirement account will be approximately $800,000 after 40 years.
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Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the function that best represents Samantha's account and how much does she have in savings after 5 years? Round your answer to the nearest dollar.
Hint: Use the formula, f(x) = P(1 + r)x.
f(x) = 500(1.4)x, $2,689
f(x) = 500(0.04)x, $512
f(x) = 500(1.04)x, $608
f(x) = 500(1.04)x, $5
How does the economy use its factors of production (land, labor, capital, and entrepreneurship) to facilitate economic growth?
land
air
building new structures vertically in the air
sand
building new islands at sea
labor
construction workers
building the Burj Khalifa
human capital
engineering skill
building a ski slope in the desert
physical capital
machinery
cranes used for construction
entrepreneurship
leader's action to develop the city
making Dubai into a business and entertainment center for the Middle East