a. Strategically describe the game and clearly write the payout features for each player:The game is a two-player, non-zero sum game.
The efforts of both individuals (players) are positively related, such that when one player puts forth more effort, the other player's return grows and then decreases. The player preferences are πi(ai,aj) = ai (c + aj-ai), where ai is the effort level of player i and c is a constant greater than zero.
The payouts for each player are as follows:Payout for Player 1: π1(ai,aj) = ai (c + aj-ai)Payout for Player 2: π2(ai,aj) = aj (c + ai-aj)b. Find and graph the best answers:The best response for Player 1 can be found by taking the derivative of their payout function with respect to ai and setting it equal to zero. This yields the following equation:∂π1/∂ai = c + 2aj - 2ai = 0Solving for ai, we get:ai = (aj + c)/2The best response for Player 2 can be found in the same way, yielding:aj = (ai + c)/2
The best responses for each player can be plotted on a graph with effort levels on the x-axis and the other player's effort levels on the y-axis. The two best responses intersect at the point (ai,aj) = (c/2, c/2), as shown below:c. Find the Nash equilibrium(s).The Nash equilibrium occurs when both players are playing their best response to the other player's strategy. In this case, the best responses for each player intersect at (ai,aj) = (c/2, c/2), which is the Nash equilibrium.
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when nominal interest rates are held below inflation rates, then households will have an incentive to
When nominal interest rates are lower than inflation rates, the rate of return on savings is lower than the rate of price rises. Households will have an incentive to spend rather than preserve money in this scenario.
This is owing to the fact that the value of their savings will depreciate over time due to inflation, and they will be able to buy fewer products and services with the same amount of money. When families are pushed to spend rather than conserve, aggregate demand rises, which stimulates economic development. Yet, if the economy is already at full employment, this might lead to price increases, exacerbating inflation. Conversely, if nominal interest rates are greater han inflation rates, households will have an incentive to save their money.
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If $300,000 is to be saved over 25 years, how much should be deposited monthly if the investment earns 8% interest compounded monthly?A. $216.62B. $180.48C. $260.87D. $315.45
To calculate the monthly deposit needed to save $300,000 over 25 years with an 8% interest rate compounded monthly, we can use the formula for the future value of an ordinary annuity:
Future Value = Monthly Deposit * [(1 + interest rate)^number of periods - 1] / interest rate
Given:
Future Value = $300,000
Interest Rate = 8% per year (or 0.08)
Number of Periods = 25 years (or 25 * 12 months = 300 months)
Plugging in the values:
$300,000 = Monthly Deposit * [(1 + 0.08)^300 - 1] / 0.08
To solve for the Monthly Deposit, we can rearrange the formula:
Monthly Deposit = ($300,000 * 0.08) / [(1 + 0.08)^300 - 1]
Calculating the value:
Monthly Deposit = $24,000 / [9.646926 - 1]
Monthly Deposit = $24,000 / 8.646926
Monthly Deposit ≈ $2,775.69
Therefore, the monthly deposit needed to save $300,000 over 25 years with an 8% interest rate compounded monthly is approximately $2,775.69.
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You scheduled a meeting with your banker to discuss your findings. How will you fine-tune your product to incorporate your market research?
Answer:
5 Simple Steps to Fine-Tune Your Digital Marketing Planwww.convinceandconvert.com › digital-marketing › fi...
Were results good, targets met, and goals achieved? Or did your plan totally miss the mark? If you don't review what you did, how will you know what worked
Explanation:
disclosing confidential information of a past employer to gain advantage at a new job is a violation of the standard of ethics?
Disclosing confidential information of a past employer to gain an advantage at a new job is a violation of the confidentiality standard of ethics.
What is ethics?Ethics or moral philosophy is a branch of philosophy that "involves systematizing, defending, and recommending concepts of right and wrong behavior". The field of ethics, like aesthetics, is concerned with matters of value; together, these fields comprise the branch of philosophy known as axiology.
Furthermore, ethics investigates the rational basis for our moral judgments; it investigates what is morally right or wrong, just or unjust. In a broader sense, ethics considers human beings and their interactions with nature and other humans, as well as freedom, responsibility, and justice.
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A study is being conducted on the number of people who frequent a certain breakfast buffet and how often they visit the buffet during a six-month period.
Complete the statements based on the information.
The individuals in the study are
.
The variable in the study is
.
Answer:
The individuals in the study are people who visit the breakfast bufftet.
The variable in the study is the number of times a peraon visits the buffet in six months.
The Complete statements based on the given information, “A study is being conducted on the number of people who frequent a certain breakfast buffet and how often they visit the buffet during a six-month period.” are:
The individuals in the study are people who visit the breakfast buffet.
The variable in the study is the number of times a person visits the buffet in six months.
What is information?
Information is data that helps in analyzing a situation or an event or anything which can be calculated, measured, and analyzed. Information can be in any form such as in form of numbers, facts, figures, analyses, statements, and so on. in today’s era of information technology, information is considered the new fuel which is driving the whole world at the same time.
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What is the best way to respond to a customer complaint? A. Listen to the customer, B. Overcompensate C. Ignore the customer. D. Respond aggressively.
Answer:
a
Explanation:
u should never let the customer know that they are wrong
The best way to respond to a customer complaint is listen to the customer. It comes under the consumer protection management. The correct option is (A).
What do you mean by Customer Complain?Customer complaints relate to when a firm does not deliver on its commitment and does not satisfy customer expectations in terms of the product or services. Every business's customers are its most important component.
Customer complaints provide your team the chance to engage in open dialogue with your clients.
These exchanges might make your clients feel like they are essential to your success.
Customer complaints give you important information about how well-trained your front-line staff is and how to make improvements.
Therefore, the best way to respond to a customer complaint is listen to the customer. It comes under the consumer protection management.
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Consumers experience ______ marginal utility the more they consume of a particular good or service.
Answer:
less
Explanation:
The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.
ASAP PLEASE-------------
Cameron has decided to diversify his investments in the following way:
$3,000 in an account earning 2.7% simple interest
$5,000 in a savings account earning 1.8% interest compounded annually
$5,000 in a certificate of deposit earning 3.9% interest compounded quarterly
How much total interest will Cameron earn on his investments at the end of 3 years?
a. $530.87
b. $665.57
c. $973.30
d. $1,135.30
Anyone know how to do this?
Answer:
D.) $1,135.30 at the end of 3 years
Explanation:
First method:
Formula for simple interest is I = P * R * T.
In this instance P = 3,000, R = 2.7, T = 5.
\(I=(3000)(0.027)(5)\\= $405\)
Second method:
The formula for annual compounding is \(A=P(1+r)^t\), where A = amount, P = principal (initial) amount, r = rate of growth, t = years.
\(A=5000(1+0.027)^3\)
=\(5416.0334\)
Third method:
The formula for periods within a year is \(A=P(1+\frac{r}{n})^n^t\). There is now the added value of n (number of periods per year). Since there are 3 quarters per year, n will be 4.
\(A=5000(1+\frac{0.039}{4})^4^*^3\\=5000(1.00975)^1^2\\= 5617.4129\)
Sum after 3 years is $1,135.30
if the government of pamtown imposes a minimum wage of \$45$45dollar sign, 45 per day in this market, how much labor is employed?
The required labor units are 400 because the minimum wage of $45 intersects the labour supply curve at the 400th point.
The amount of a resource that businesses, producers, workers, providers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person is known as supply in economics. Supply can refer to manufactured goods, labor hours, raw materials, or any other in-demand or pricey item. According to the law of supply, a higher price causes a higher supply while a lower price causes a lower supply. Tools used to summarise the relationship between supply and price include supply curves and supply schedules.
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COMPLETE QUESTION
Blammo is the only firm in Pamtown where people are employed. The figure below represents the labor market in Pamtown. Wage (per day) MFCL 100 65 S 50 45 35 20 MRP . da 200 300 400 500 600 QL hax If the government of Pamtown imposes a minimum wage of $45 per day in this market, how much labor is Litiv employed?
Fill the Blank ,the account allowance for uncollectible accounts normally has a _______
The account allowance for uncollectible accounts normally has a "Credit Balance". Accounts receivable that may not be collected are estimated and recorded using the account allowance for uncollectible accounts.
Sometimes referred to as the allowance for questionable accounts, which is a contra-asset account. The balance sheet shows the allowance account as a decrease from accounts receivable, which represents the anticipated net amount of client payments. Because it lowers the amount of accounts receivable that are recorded on the balance sheet, the allowance account typically has a credit balance. The allowance account balance is deducted and the accompanying accounts receivable balance is credited when a certain account is determined to be uncollectible.
Accounts receivable that may not be collected are estimated and recorded using the account allowance for uncollectible accounts, sometimes referred to as the allowance for questionable accounts, which is a contra-asset account.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUGianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
How much will Gianna earn in interest? What amount will she have at the end of the time period?
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.
if the cost and revenue numbers in the table will continue forever (permanently), what is the best option for this firm?
The best option for the firm would be to shut down its operations, as its total revenue ($200) is less than its total variable costs ($250).
If the firm continues operating, it will incur losses equal to the difference between its total revenue and total variable costs, which is $50. Therefore, it would be better for the firm to shut down in the short run and avoid incurring any additional losses.
In the long run, the firm may need to consider other options such as restructuring its operations or exiting the market. It is important to note that this analysis assumes that the firm is unable to increase its prices or reduce its variable costs.
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Managerial accountants:
a. create the company’s financial statements that are submitted to government agencies such as the Internal Revenue Service.
b. negotiate contracts with suppliers
c. create financial reports and provide other types of accounting information to investors.
d. provide managers within the organization with reports to make good business decisions.
Managerial accountants provide managers within the organization with reports to make good business decisions.
Who are Managerial accountants?They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.
They also hep perform various task that is associated with the account.
Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.
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Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?
Answer: here’s a photo of sample answer
Explanation:
Answer:
Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.
Explanation:
A personal finance measure that compares an individual's monthly debt payment to his or
her monthly gross income.
O Debt-to-Income Ratio
O Credit Score
O Down Payment
O FHA
Please help
Answer:
a
Explanation:
how much you make verses how much you soend
describe the tools and techniques associated with procurement management
Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.
The four key activities that make up project management for procurement management are planning, selecting, managing, and concluding procurements. During the first phase, planning, the formal purchase management strategy is developed. The decisions made relate to what will be purchased locally and what will be outsourced to a third party.
Four key procedures are involved in the management of product procurement: making purchasing arrangements. Planning procurement is a set of techniques that helps businesses determine the resources they'll need to finish a project and how much money they'll need. completing the acquisition, managing the procurement process, and carrying out the procurement.
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4. People in the organisations carry out diverse tasks with the aim to achieve
(a) Different objectives
(b) Common objectives
(c) Both of the above
(d) None of the above
Answer:
(b) Common objectives
Explanation:
People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.
The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.
Discuss any five advantages of the mixed economic system
Suppose there are three equal-size groups in the economy with the following demand curves:
Group 1’s demand for police protection is P= 70-10 Q
Group 2’s demand for police protection is P=50-10 Q
Group 3’s demand for police protection is P=44-10 Q
where Q refers to the quantity of police protection (i.e. number of police officers) and P refers to the price.
Assume that each group includes 3,000 people and that the social marginal cost is $40,000.
What is the efficient quantity of police protection? Hint: Remember that to build the SMB for a public good, you need to take the vertical sum of individual demand curves. In other words, you need to add the prices that consumers are willing to pay: that is, add how much money each person would be willing to pay. Note that there are 3000 people in each group.
The efficient quantity of police protection is 9,000 police officers. This calculation is based on the vertical sum of individual demand curves, where the prices willing to pay from each group are added. The efficient quantity is the quantity at which the social marginal benefit (SMB) is equal to the social marginal cost (SMC).
To determine the efficient quantity of police protection, we need to calculate the vertical sum of individual demand curves, which represents the social marginal benefit (SMB) of the public good.
The SMB is obtained by adding up the prices that consumers in each group are willing to pay for the quantity of police protection.
For Group 1:
Demand: P = 70 - 10Q
Price willing to pay per person = 70 - 10Q
Total price willing to pay for Group 1 = (70 - 10Q) * 3000
For Group 2:
Demand: P = 50 - 10Q
Price willing to pay per person = 50 - 10Q
Total price willing to pay for Group 2 = (50 - 10Q) * 3000
For Group 3:
Demand: P = 44 - 10Q
Price willing to pay per person = 44 - 10Q
Total price willing to pay for Group 3 = (44 - 10Q) * 3000
To find the efficient quantity, we need to sum up the prices willing to pay from all three groups and equate it to the social marginal cost (SMC) of $40,000:
(70 - 10Q) * 3000 + (50 - 10Q) * 3000 + (44 - 10Q) * 3000 = 40000
Simplifying the equation:
210000 - 30000Q + 150000 - 30000Q + 132000 - 30000Q = 40000
492000 - 90000Q = 40000
-90000Q = -452000
Q = 452000/90000
Q ≈ 5.022
Since the quantity of police officers cannot be fractional, we round it to the nearest whole number, which gives us Q = 5.
Since each group has 3,000 people, the efficient quantity of police protection is 5 * 3,000 = 15,000 police officers
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when sam got up in the morning, he took a shower, chatted with his wife and kids at breakfast, and then went to work. at work, he asked a colleague to review a proposal, confirmed a lunch date with a friend, and wrote a memo to justify his request for a raise. what best describes this account?
This account best describes a day in the life of Sam, as it narrates his morning routine, interactions with his family, and various tasks at work, such as asking a colleague to review a proposal, confirming a lunch date, and writing a memo to request a raise.
The best way to describe the account of Sam is that he spent his morning by taking a shower, having breakfast with his family, and then going to work. At work, he asked a colleague to review a proposal, confirmed a lunch date with a friend, and wrote a memo to justify his request for a raise.
What is a memo?A memo (or memorandum) is a short message sent by one person or department to another to convey information, make a request, or provide an update. Memos are frequently used in businesses, government agencies, and other organizations as a quick and effective way to communicate with employees and colleagues.
The important aspect of memos is that they are meant to be read quickly and acted upon, rather than ignored or filed away. Memos should be clear and concise, outlining the main point of the message in the first sentence or two, and then providing supporting details and context afterward.
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the huge expansion of the service sector of the us economy has led to which problem for the us economy?
The huge expansion of the service sector in the US economy has led to the problem of a potential decline in manufacturing and other traditional industries.
As the service sector has grown, there has been a relative decrease in the contribution of manufacturing and other sectors that were historically strong in the US economy. This shift can pose several challenges:
Job displacement: The growth of the service sector may lead to job losses in traditional industries, resulting in unemployment and the need for retraining or transitioning into different occupations.
Economic imbalance: A heavy reliance on the service sector can create an imbalance in the economy, as a diversified economy typically benefits from a healthy mix of sectors, including manufacturing, agriculture, and services.
Trade imbalances: A decline in manufacturing can contribute to trade imbalances, as a country may become more dependent on imported goods rather than producing them domestically. This can affect the balance of payments and overall economic stability.
Wage stagnation: The service sector is often associated with lower-wage jobs compared to manufacturing. The expansion of the service sector may contribute to wage stagnation or inequality if high-paying manufacturing jobs are replaced by lower-paying service jobs.
It's important to note that while the expansion of the service sector presents challenges, it also brings opportunities for innovation, productivity growth, and specialization in areas such as technology, healthcare, finance, and entertainment. However, managing the transition and addressing the issues arising from the decline in traditional industries remain important considerations for the US economy.
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Do you feel that this country has made adequate progress in providing women with rights that are equal to that of men? Explain your answer.
Answer:
Yes.
Explanation:
There are so many opportunities for women to rise to the level of, if not surpass men. The 70 cents to the dollar thing is entirely false, and when accounting for the field and position, women typically make more than men. For single mothers, there is the WIC program (women, infants and children), but can you name a program that specifically supports single fathers? And, somewhat related sidenote, there is the whole "believe all women movement", (which in itself is sexist, but I yield) could you imagine if someone started saying "believe all men"? There is no way that would go over well.
Estelle is a recent accounting graduate, and while she likes the idea raised by her fellow graduate Fernando to set up business in a partnership together, she has always wanted to go into business for herself. Before Estelle makes a decision, her instructor tells her it would be a good idea to consider the effect of different tax structures on each type of business, just in case she favors one situation more than the other. Compare and contrast how partnerships and sole proprietorships differ in terms of their tax requirements.
Sanjay was recently alerted to the fact that his business will be audited by the IRS. What are some possible causes for Sanjay’s business being selected for audit? What will this audit likely entail? How can Sanjay prepare?
After getting his first paycheck, Marlon is incredulous at the amount of money that goes to FICA. “Who in the world is FICA?” he asks his mother. How does she reply?
Eloise has exactly $300 to spend on an airline ticket. Assuming that she will need to pay the passenger ticket tax, the passenger facility charge, and the Sept. 11th fee, what is the maximum base ticket price Eloise can still afford to pay, knowing that she has all these additional fees and taxes to pay? Explain.
Sloan has always been pretty lax about preparing her taxes, and she doesn't pay too much attention to the rules. However, after taking a class on tax fraud, she is a bit concerned that some of the information in her past tax returns may be questionable. Sloan should only be worried about tax fraud if she’s made certain mistakes in the past. What kind of mistakes should Sloan be concerned about? Explain.
What is business overview
Answer:
A company overview (also known as company information or a company summary) is an essential part of a business plan. It's an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.
Explanation:
Answer:
It is an essential part of a business plan. It's an overview of the most important points about your company.
Explanation:
Hope this helps!
How can traditional (waterfall) and agile methods be combines
for successful management of projects? ( 2 pages)
Combining traditional (waterfall) and agile methods for successful project management involves integrating the strengths of each approach while addressing their respective weaknesses. Here is a step-by-step explanation of how these methods can be combined:
1. Understand the methodologies: Begin by familiarizing yourself with the principles and practices of both waterfall and agile methods. Waterfall is a sequential, linear approach that emphasizes planning and documentation, while agile is an iterative, flexible approach that focuses on collaboration and adaptability.
2. Define project requirements: Start by clearly defining the project requirements and deliverables. This will help you determine which methodology is best suited for each aspect of the project. For example, if the requirements are well-defined and unlikely to change, waterfall may be more appropriate. If the requirements are dynamic and subject to change, agile may be a better fit.
I hope this explanation helps you understand how traditional and agile methods can be combined for successful project management. Let me know if you have any further questions!
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Combining traditional (waterfall) and agile methods for successful project management can be achieved by following a step-by-step approach. Here is an explanation of how these methods can be combined:
1. Understand the strengths and weaknesses of each method: Start by familiarizing yourself with the characteristics of both waterfall and agile methods. Waterfall is a linear, sequential approach that emphasizes thorough planning and documentation, while agile is an iterative and flexible approach that focuses on collaboration and adaptability.
2. Determine the project's requirements and constraints: Analyze the project requirements, such as the scope, timeline, budget, and customer expectations. Identify any constraints that might impact the choice of methodology, such as regulatory requirements or fixed deadlines.
3. Select an appropriate hybrid approach: Based on the project requirements and constraints, decide on a hybrid approach that combines elements of both waterfall and agile methods. This could involve using waterfall for certain phases of the project and agile for others, or integrating agile practices within the waterfall framework.
4. Plan and prioritize project tasks: Create a project plan that outlines the sequence of activities, deliverables, and dependencies. In a hybrid approach, divide the project into distinct phases or iterations, depending on the chosen methodology for each phase. Prioritize tasks based on their importance and urgency.
5. Execute the project using a phased or iterative approach: Depending on the selected hybrid approach, begin executing the project by following the planned phases or iterations. In waterfall phases, focus on gathering requirements, designing, developing, and testing in a sequential manner. In agile iterations, focus on short development cycles, frequent feedback, and continuous improvement.
6. Collaborate and communicate effectively: Foster collaboration and communication among team members, stakeholders, and customers throughout the project. Agile practices such as daily stand-up meetings, regular retrospectives, and frequent communication channels can be integrated into the hybrid approach to ensure transparency and timely feedback.
7. Adapt and adjust as needed: Remain flexible and open to adjustments throughout the project. Monitor progress, identify risks, and make necessary adjustments to the project plan and approach. Agile principles of adaptability and continuous improvement can be applied to enhance the hybrid approach's effectiveness.
8. Evaluate the project's success: Once the project is completed, evaluate its success based on predetermined criteria and key performance indicators (KPIs). Assess the effectiveness of the hybrid approach in achieving project goals and meeting customer expectations.
Remember that the successful combination of traditional (waterfall) and agile methods depends on the specific project requirements, constraints, and team dynamics. By understanding the strengths of each methodology and tailoring the approach to fit the project's needs, you can achieve a successful project management outcome.
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Asking the prospect to consider choices concerning delivery, warranty, or financing terms under the assumption that a sale has been finalized is known as a(n)
The term that describes a condition whereby prospects were asked to make consideration about choices that concern warranty as well as financing with the assumption that the sale has been made is assumptive close
An assumptive close can be regarded as one that take place, when you make an assumption about the plan of the customer.So that the customer would make a purchase from you and giving them some encouragement as well as positive and reassuring remarks.Therefore, the correct option is assumptive close.
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what is copyright infringement in your own words
Answer:
DescriptionCopyright infringement is the use of works protected by copyright law without permission
Explanation:^
Your Paychecks Add up your net pay to calculate how much money you have for your monthly budget. Paycheck 1 $890 Paycheck 2 $880
Match each law with its correct description.
Answer:
Not too sure but I think it goes 1.Fair credit billing act 2.Credit CARD act 3.Uniform commercial code 4.Truth in lending act.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.
Through the meaningful disclosure of loan conditions, which enables customers to evaluate standardized credit terms more easily and intelligently, the Truth in Lending Act (TILA) aims to safeguard consumer protection and promote competition among financial institutions.
Match the law terms and definition:
Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.Fair Credit Billing Act: allows consumers to exercise their rights regarding disputes and billing errors.Uniform Commercial Code: a set of laws that govern US commercial transactions.Credit CARD Act: prohibits unfair and abusive credit practices and ensures the transparency of fees.As a result, the significance of the law terms and definition are the aforementioned.
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