what are examples of government legislation designed to protect the consumer? (choose every correct answer.)

Answers

Answer 1

Some examples of government legislation in the united states which is aimed at protecting consumers include the following.

Federal Food, Drug, and Cosmetic Act,Fair Debt Collection Practices Act the Fair Credit Reporting Act Truth in Lending Act Fair Credit Billing ActThe Gramm–Leach–Bliley ActHow does Government protect Consumers?

Government provide legislation which helps in protecting consumers and their right.

 

 These legislation ensures that producers and manufacturers do not exploit the consumers for lack of options.

 The government does this by enacting laws that guarantees consumer protection thereby regulating the excesses in the market.

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Related Questions

With no trade, the equilibrium price of grapes is $2 per pound in Macroland and $4 per pound in Econoland. Government leaders in Macroland are negotiating a free trade agreement with Econoland to increase trade between the two countries. Who among consumers and producers is likely to support and who is likely to oppose the free trade agreement

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Those in Macroland and Econoland who would support or oppose the free trade agreement are:

Consumers in Econoland -  Support. Producers in Econoland - Oppose. Consumers in Macroland - Oppose. Producers in Macroland - Support.

Who would support the free tade agreement?

Consumers in Econoland would support the agreement because they would get cheaper grapes. Producers in the nation would lose market share as a result so they would oppose it.

Producers in Macroland would love to sell more grapes to another market so they would support. Consumers in the nation would oppose because grape prices might go up.

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Which statement best describes how insurance works?
A. Insurance lowers the individual effects of financial loss by spreading the risk to a larger group.

B. Insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.

C. Insurance companies borrow money from banks when they have to pay claims to policyholders.

D. Insurance companies change the coverage types offered on policies based on an individual's loss history.

Answers

Insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.

What is insurance?

Insurance involves securing an item against accident or any damages.

An individual can insure properties such as Land, building or Life by paying certain amount of money which serves a premium.

Therefore, insurance companies collect and hold a customer's premiums and pay claims from that money in the event that the customer has a loss.

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A financial statement that has a date line similar to "For the month ended June 30, 20XX," is a(n):

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A financial statement that has a date line similar to "For the month ended June 30, 20XX," is an income statement.

What is income statement?

An income statement is what measures the profits and losses over a specific period for a company. It is used for reporting the financial performance over an accounting period.  

Hence, a financial statement that has a date line similar to "For the month ended June 30, 20XX," is an income statement.

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the table below reports quarterly gdp and real gdp data for the united states during the great recession, which lasted from the end of 2007 to mid-2009.

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The above exercise has to do with GDP Analysis. It contains a comparison between Real GDP and nominal GDP.

What is real GDP?

Real GDP refers to a version of GDP (Gross Domestic Product) that has been adjusted for the effects of price inflation.

Thus:

From 2007 Q4 through 209 Q2, the real GDP grew by - 3.98%. This was a negative growth.

This was computed by the following formula:
% Increase = (Amount representing increase/ Original Figure) x 100

That is :   ((15,134.10 -15762.00)/15,762.00)*100

= -3.98363151884

≈-3.98

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Economists convert costs and benefits into money equivalents by evaluating an individual's willingness to pay. opportunity costs. marginal benefits. sunk costs.

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The correct option is (a) willingness to pay.

Comparing the anticipated or predicted costs and benefits (or opportunities) connected with a project choice in order to assess whether it makes sense from a business standpoint is known as a cost-benefit analysis.The maximum sum of money a consumer will spend on an additional commodity or service is known as the marginal benefit. As spending rises, customer contentment tends to decline. The difference in price caused by producing an extra unit of a good or service is known as the marginal cost.

What is economic benefit?

Economic benefits are defined as concrete advantages that can be quantified in terms of money saved or income earned as a result of the application of policies.

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according to the menu cost theory, firms will be slow in changing their prices because:

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According to the menu cost the firms would be slow to changing prices because .the cost of changing the price might exceed the additional profit the price change would generate.

What is the menu cost theory?

This is the theory in the field of economics that helps to ensure the reflection of the effect of the change in price to an establishment.

According to this theory, the the cost of changing the price might exceed the additional profit the price change would generate.

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When you market medicare advantage and part d plans, what may you offer as a gift to induce enrollment in a plan?.

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When the insurance agents sold the Medicare plans under part D  then in order to induce the enrollees they can provide them with gifts worth not more than $15 in value.

What is a Medicare plan?

A Medicare plan is an insurance plan provided to US citizens in the healthcare sector by private insurance firms.

Under part D of the Medicare plan, the insurance agents cannot be allowed to provide prizes or gifts having a value of greater than $15, are not permitted to pay for any kind of meals, and also not allowed to give any gift card or any kind of money to the enrollees.

Therefore, the insurance agents can induce the persons to get enrolled in the Medicare plan by giving them gifts of not higher than $15.

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Judy's Boutique just paid an annual dividend of $2.35 on its common stock. The firm increases its dividend by 3.15 percent annually. What is the company's cost of equity if the current stock price is $38.44 per share

Answers

The company's cost of equity is 9.45%

Given that

Annual dividend paid, D0 = $2.35

Dividend growth rate, g = 3.15% = 0.0315

Current stock price per share = $38.44

Now,

Current price of share = D1 ÷ (r - g) -(1)

Here,

r is the required rate of return

D1 = dividend at year 1 =  D0 × (1 + g)

= $2.35 × (1 + 0.0315)

= $2.424045

Therefore, from (1) we get

$38.44 = $2.424045 ÷ (r - 0.022)

(r - 0.0315) = 0.063060

r = 0.063060 + 0.0315

r = 0.09456

r = 0.0945 × 100% = 9.45%

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explain how automation impacts network management

Answers

The automation can impact network management by:

By establishing  perfect network view.Easy access to network data

How can automation can impact network management?

By using automation programs, it make network management to be easy and direct because it improve the control that one has on the network.

With automation, it will be easier to  access network data as well the  performance reports.

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what is the cap rate if a building sells for $2,000,000 with an noi of $150,000?

Answers

The cap rate if a building sells for $2,000,000 with an noi of $150,000 is 7.5%

What is cap rate?

This is the ratio of the net operating income (NOI) of a business to its current market value. Mathematically;

cap rate = NOI/market rate

Given the following

NOI = $150,000

Market value = $2,000,000

Substitute

cap rate = 150,000/2,000,000
cap rate = 0.075 = 7.5%

Hence the cap rate if a building sells for $2,000,000 with an noi of $150,000 is 7.5%

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The invisible hand concept suggests that Multiple Choice market failures imply the need for a national economic plan. big businesses are inherently more efficient than small businesses. assuming competition, private and public interests will coincide. the competitiveness of a capitalistic market economy invariably diminishes over time.

Answers

The invisible hand concept says that assuming competition, private and public interests will coincide.

What does the invisible hand concept call for?

It believes that in order for a society to be well off, there has to be competition between firms.

This competition would lead to increased production which will take care of the country better. This would coincide with the public interest of taking care of citizens.

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Your company is launching several new video game modules, with a separate display ad for each console. Management wants to make sure the ad leading to the most purchases shows more often than the ads not performing as well. To achieve this goal, which type of display creative optimization would you use

Answers

Optimize for conversions is a type of display creative optimization.

What is video in-game advertisement?

Whether it's on social media or in video games, video is a crucial format for digital advertising. What users want to experience now is excellent for a dynamic, captivating video.

An object called an ad creative is made up of all the information needed to graphically generate the actual ad. The goal of conversion optimization is to increase the proportion of visitors who take the desired action on a website.

Hence, the significance of the video game is aforementioned.

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If electro corporation sells a $20 million stock issue to an investment banking firm such as merrill lynch, this transaction takes place in:

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The transaction of Electro Corp. selling their stock to an investment banking firm means that this happened in the Primary market.

What happens in the primary market?

This is the market where a company issues its stock to the market. They can issue it directly, but they usually go through an investment banking firm.

This investment banking firm would buy the stock at a lower price and then sell it to the market at a higher price.

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A help desk can answer 120 calls per hour. The demand rate is 150 calls per hour. What are the cycle time (in minutes per call) and utilization of the call center?

Answers

Cycle time is 0.5 minutes per call and utilization of the call center is 1.

Calculation

Flow rate = Min(demand, capacity)

                = Min(150, 120)

                = 120 calls per hour.

Cycle time = 1/Flow rate

                  = 1/120 hour per call

                  = 1/120 × 60 (minutes/hour)

                  = 0.5 minute per call.

Utilization = Flow rate/Capacity

                 = 120/120

                 = 1

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The extent to which firms are meeting objectives suggests they a. are likely to prosper in the future. b. are likely to continue their present strategy with only minor fine-tuning. c. are virtually certain to make fresh strategic moves. d. recognize the status quo as the best course of action to adopt. e. realize that refocusing will ensure competitive gains.

Answers

The extent to which firms are meeting objectives suggests they are likely to continue their present strategy with only minor fine-tuning.

What are organizational objectives?

Organizational objectives refers to the short-term and medium-term goals in which organizations intend to achieve

Hence, the extent to which firms are meeting objectives suggests they are likely to continue their present strategy with only minor fine-tuning.

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Financially successful people focus on
the short-term.

True or false?

Answers

false !
they focus on long term

If a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made. This is known as ___________.

Answers

The condition when a payment cap is applied and the required payment does not cover the interest expense, the unpaid interest is added to the loan thereby increasing the loan balance even though the required payment is being made, is known as a negative amortization.

What is negative amortization?

A condition where the amount owed by an individual keeps adding even after the repayments are done is known as negative amortization.

Such condition of a negative amortization arises as the amount being repaid does not fully or partly cover the interest amount.

Hence, the significance of negative amortization is aforementioned.

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which of the following items are initially recorded as an expense on the income statement?

Answers

The items that are initially recorded as an expense on the income statement are:

a. Research and development costsb. Advertising costs

What is an Income Statement?

This refers to financial information that stores all the inflows and income that occurred over a period of time.

Hence, we can see that from the complete text, there are lists of items and the Research and development costs and Advertising costs are initially included as expenses in the income statement.

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A man purchased a new power boat with an inboard engine from a boating supply store. The boating supply store properly inspected the boat before delivery, but did not detect a virtually invisible manufacturing defect in the boat's steering mechanism. Later that summer, the man was entertaining some friends on his boat on a lake near a dam. There were some warning pylons near the dam, warning boaters to stay clear. The man decided to show off for his friends by weaving his boat in and out of the warning pylons. As he rounded the last of them, the steering mechanism of his boat jammed, and the boat crashed into the dam. The man was severely injured. The man brings an action for damages against the boating supply store on a theory of strict liability in tort in a jurisdiction that does not apply its comparative fault rules to strict liability actions. Who will prevail

Answers

In this scenario with the boat the person that would prevail is the man that bought the boat.

The reason why the man would prevail

This is due to the fact that the people that sold him the boat should have made sure that they were not selling a defective item.

The accident was not the fault of the man. The defect should have been well detected and dealt with before the sale of the boat.

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In order to gather additional in-depth information needed for business decisions, marketers must do their own research by gathering:

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In order to gather additional in-depth information needed for business decisions, marketers must do their own research by gathering: primary data.

What is primary data?

This is the data that researchers have to gather by themselves by going into the field.

Primary data is the type of data that can be gotten from direct surveys, questionnaires and other forms of data collection.

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The car-related website and media company, Edmunds, provides reviews and ratings of vehicles and is well respected by individuals in the car industry as a neutral source. Consumers appreciate its advice and information and know they can trust Edmunds for non-biased information. In addition to its own website and magazine, Edmunds is using the ________ Pinterest to post photos and links to recent articles as well as answer questions posed by members of Pinterest.

Answers

In addition to its own website and magazine, Edmunds used the "​bulletin-board site" Pinterest to post photos and links to recent articles as well as answer questions posed by members of Pinterest.

What is bulletin-board site?

Such a website provides a forum for some users to discuss particular subjects. Some talks are only open to a certain group of people, while others are open to everyone.

Some features of bulletin-board site are

A bulletin board, also known as a pinboard, noticeboard, or notice board in British English. It is a surface designed for the posting of public messages, such as those announcing events, offering information, or announcing objects that are sought or for sale.

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The first step of the financial evaluation process for capital budgeting is:

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Identification of an investment option is the  first step of the financial evaluation process for capital budgeting.

What is capital budgeting?

The term capital budgeting has to do with the fact that a business would decide to undertake certain projects that they consider to be very major.

The first step to doing this is to identify a major investment option for the business.

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A decrease in the quantity supplied of iPads is caused by a(n) increase in TV advertising for iPads. increase in the number of iPad consumers. technological advancement in iPad production. drop in the price of iPads.

Answers

The correct option is D). drop in the price of iPads.

What happens to supply when prices drop?

An increase in price leads to an increase in the quantity supplied of that good or service, while a decrease in price will decrease the quantity supplied.

The supply curve will move from left to the right, as the price of the commodity increases and the quantity supplied also increases.

Therefore, a decrease in the quantity supplied of iPads is caused by drop in the price of iPads.

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What does copyright law protect?

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Answer:

Copyright, a form of intellectual property law, protects original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, and architecture.

answer it please ^_^​

Answers

Answer:

after independence the government device specific rules to public and private sectors basic the strategic industries where the government and their public sector and the consumer goods industries were left to be diplomate and the private sector there were member of change in industry policy from the time to time

Explanation:

Evolution of business activities

As the new technology invented it has also an application in business . before there was no thing as e bussiness or e commerce. but not almost every person heard it somewhere. business owners tried to move their business to online to get benefits from it and it helps them to grow their business to a very extent as it provides them with lots of costumer.

so marketing is now done by customer itself.

Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the government could help to reduce the negative effect of that market failure.​

Answers

Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.

What is market failure?

When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.

Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.

The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.

As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.

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24. Megan plans the facility layout of her new shop that would sell a variety of healthcare industry machines. She arranges the machines in a way that the machines are grouped according to their functions. Which of the following types of facility layouts has Megan used in her shop? a. A process layout b. A product layout c. A cellular layout d. A fixed-position layout ANSWER: a

Answers

Based on the fact that Megan arranged the machines according to their functions, this is A. Process layout.

What is a process layout?

This is a way of arranging a shop or factory where machines and equipment are arranged according to their function.

Megan arranged her machines according to how they function so that she can be able to move from one station to another. This is therefore a process layout.

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A form of foreign direct investment, where a domestic company purchases a company in a foreign country to produce a similar product or service is a: Group of answer choices licensor. joint venture. foreign subsidiary. host company.

Answers

A form of foreign direct investment, where a domestic company purchases a company in a foreign country is a foreign subsidiary.

What is Foreign subsidiary?

This is a business enterprise which involves a company owning to some degree another in another country.

This type of subsidiary involves the both of them producing the same type of goods and service.

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You are in charge of financial oversight for the hospital where you work. While reading the text you learned that one way to coordinate care more effectively is to:

Answers

You are in rate of economic oversight for the health center wherein you work. While analyzing the textual content you found out that one manner to coordinate care extra efficiently is to Implement a device of digital clinical records.

What is EHR implementation?

Activating the EHR includes a multi-disciplinary method to put together the brand new device, make sure privateness and safety compliance, layout exercise workflows, teach the care crew and manipulate the adoption method. A considerate EHR implementation can assist the exercise adapt extra without difficulty to the brand new device, a good way to advantage patients, physicians and personnel.

Implementing an Electronic Health Record (EHR) is a multi-step method with a purpose to effect all personnel members. As with any new method, a mastering curve is involved. Having a stable plan can keep hours of pressure for all and sundry to your crew.

Your question is incomplete, but most probably your full question was:

You are in rate of economic oversight for the health center wherein you work. While analyzing the textual content you found out that one manner to coordinate care extra efficiently is to:

-Raise the federal poverty line.

-Implement a device of digital clinical records.

-Do all the above.

-Limit your affected person load to folks who are protected through Medicare or Medicaid.

Hence , the proper alternative is "Implement a device of digital clinical records"

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In response to the need to reinforce the brand promise, ________ is about mixing and matching marketing activities to maximize their individual and collective effects.

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In response to the need to reinforce the brand promise, "integrated marketing" is about mixing and matching marketing activities to maximise their individual and collective effects.

What is integrated marketing?

By using integrated marketing communications, a business may make sure that all of the advertising tactics it uses are transparent, consistent, and directed at the same objectives.

The elements of integrated marketing is strategy. An integrated strategy is the foundation for everything, including

marketing, websites, creative, social media, public relations, SEO, paid social media, paid media.

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