Dian Takes Out a Loan from Equity Bank

question 30

Multiple Choice

Dian takes out a loan from Equity Bank. When she fails to make the scheduled payments, Equity advises her of further action that it will take. This violates

• A) no federal law.
• B) the Fair and Accurate Credit Transactions Act.
• C) the Fair Debt Collection Practices Act.
• D) the Truth-in-Lending Act.

Evaluate the efficacy of different reward systems in fostering organizational commitment and efficiency.

Understand the multipurpose nature of informative or positive messages.

Discern the structure and emphasis of informative or positive messages to foster positive perceptions.

Recognize the importance of reader benefits and goodwill in business communication.

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Definitions:

Human Capital

A form of intangible capital that includes the skills and other knowledge that workers have or acquire through education and training and that yields valuable services to a firm over time.

Labor Productivity

The measure of economic output per unit of labor input, often used to gauge the efficiency of a workforce.

Savings Rate

The proportion of disposable income that is saved rather than spent on consumption.

Capital Flight

The massive outflow of capital from a country, often due to economic instability or the expectation of devaluation of its currency.