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Question
Lorna borrows $175,000 from Mountainside Credit Union to buy a home. Among the terms that must be disclosed under federal law is the annual percentage rate. This isa. the actual cost of the loan on a yearly basis.
b. the average prime offer rate.
c. the interest rate at which the loan is made.
d. the loan principal.
Answer
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Related questions
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b. Caleb only.
c. Delilah only.
d. neither Caleb nor Delilah.
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b. only under a court order (with or without Quikfeet's consent).
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c. criminal liability.
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An accountant's liability under the Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 requires privity of contract.
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Working papers are the documents through which a court orders an accountant to audit a public company.
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If a third party will be affected by a contract, the parties to the contract are in privity with the third party.
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b. a lesser harm than an injunction would impose on Wall Paint.
c. Wall Paint's failure to use reasonable care to avert herm to Verna.
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When a release of hazardous chemicals from a site occurs, potentially responsible parties can avoid liability through transfer of ownership.
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Those who knowingly violate the Clean Air Act are exempt from criminal penalties.
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Manufacturers are required to report on any products intended for sale if the products have proved to be hazardous.
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Counteradvertising requires a company to advertise the products of its competitor to counter its own false claims.
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Vague generalities and obvious exaggerations constitute deceptive advertising.
Q:
An act must substantially affect interstate commerce to violate antitrust law.
Q:
Antitrust legislation was created because of the belief that competition leads to lower prices.
Q:
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a. only if the result more clearly concentrates the market.
b. only if the result makes it more difficult for potential competitors to enter the market.
c. if the result more clearly concentrates the market and makes it more difficult for potential competitors to enter the market.
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b. business acumen.
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d. price discrimination.
Q:
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d. is likely to increase competition.
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a. "an unfair or deceptive act or practice."
b. a per se violation.
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Q:
An antitrust action is brought against Tri-State Transport Company, alleging the offense of attempted monopolization. To be guilty of this offense, Tri-State's attempt must have
a. a dangerous probability of success.
b. a deadly guaranty of success.
c. a distant possibility of success.
d. a distinct improbability of success.