An Increase in the Value of an Asset,such as a Stock,is

question 82

Multiple Choice

An increase in the value of an asset,such as a stock,is called

• A)Interest.
• B)Profit.
• C)A capital gain.
• D)A dividend.

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Definitions:

Magnuson-Moss Warranty Act

A federal law enacted in 1975 to protect consumers from deceptive warranty practices, requiring warranties for consumer products to be clearly disclosed.

Written Warranties

Guarantees provided in written form by the seller or manufacturer, promising the quality and durability of a product.

Consumer Purposes

Activities or objectives that cater to the needs and desires of individual buyers, contrasting with commercial or business aims.

Federal Trade Commission Act

A U.S. federal law established in 1914 to promote consumer protection and eliminate and prevent anticompetitive business practices.