Describe the availability of credit today for a person younger than 21 years of age. Do you get credit card offers in the mail and are discounts available when signing up for a proprietary credit card?
What will be an ideal response?
Answer: The Credit CARD Act of 2009 made it more difficult for persons younger than 21 to obtain credit cards. Individuals below the age of 21 must show proof of their income or have an adult, such as a parent, as a cosigner on the account.
Business
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Was the existence of the 88888 Account one of the fundamental problems at Barings Bank plc or was the problem with its use? Explain
What will be an ideal response?
Business
Refer to the information above. By how much would Terme's annual gross profit increase if the investment is undertaken?
A. $750,000. B. $84,375. C. $187,500. D. $103,125.
Business