Janet Kennedy Has Received a Letter in the Mail from BISA

question 117

Multiple Choice

Janet Kennedy has received a letter in the mail from BISA International, a credit card firm. The letter describes the card as follows: ​
"This card is yours for only a small annual fee that is billed to your account. There is an annual percentage rate finance charge of 16.5%. There may be other charges for some transactions. There are no late fees, but there will be a charge for going over your credit limit."
​
Which of the following statements is true?

• A)The letter includes all the necessary disclosures for credit card solicitation under Regulation Z.
• B)The finance charge is usurious.
• C)The letter is missing several items of disclosure required under Regulation Z for credit card solicitation.
• D)None of the above

Understand the methods and tools used by scientists in psychology, including theories and empirical observation.

Identify the different specializations within psychology and their focus areas.

Recognize the role of psychology as a science and its reliance on empirical evidence.

Describe the impact of cultural and sociohistorical contexts on psychology and behavior.

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Definitions:

U.S. Firms

Companies or businesses that are based in the United States and operate under US regulations and economic policies.

PRSA Professional Values

The core ethical guidelines set by the Public Relations Society of America, which include advocacy, honesty, expertise, independence, loyalty, and fairness.

Communicating Honestly

The practice of sharing information, feelings, and thoughts sincerely and openly without deceit.

Public Trust

The belief and confidence the general public has in the integrity, reliability, and fairness of an institution or individual.