Under the FCCPA, the liability of a credit card holder for another's unauthorized use of the card is limited to:

A) $500.
B) $100.
C) $50.
D) None of these; liability is unlimited.

C

Business

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Which of the following best describes horizontal analysis?

A) comparing financial statement amounts from year to year for the same company B) expressing each financial statement amount as a percentage of a budgeted amount C) comparing a company's financial statements with other companies D) calculating key ratios to evaluate performance

Business

If rivalry among firms forces companies to rationalize costs, it is a negative force

Indicate whether the statement is true or false

Business