« previous next »

Author Question: Richard received his credit card bill and noticed an error. He wrote to the company the next week, ... (Read 116 times)

lbcchick

  • Hero Member
  • *****
  • Posts: 550
on: Jun 24, 2018
Richard received his credit card bill and noticed an error. He wrote to the company the next week, pointing out the error in his bill. Under the law, what is the credit card's obligation once it receives Richard's letter?

Question 2

The Commission of the European Communities has the power to draft both regulations and directives and has popular support by European citizens.
  Indicate whether the statement is true or false


Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 24, 2018
Answer to Question 1

Under the Fair Credit Billing Act, the company must acknowledge receipt of the letter within 30 days. Within two billing cycles (but not longer than 90 days) it must investigate the complaint and respond.

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

“To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This “To confess my weakness,” Hamilton wrote when he was only fourteen, “my ambition is prevalent.” This
Index card tickler file. Index card tickler file.
Causes of Error in Blood Pressure Readings Causes of Error in Blood Pressure Readings
Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ... Outcome of myocardial infarction. Forty percent of 1-week survivors have late complications ...
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
Seven-week embryo showing development of arm, forearm, and hand Seven-week embryo showing development of arm, forearm, and hand
Video: Monohybrid crosses

For a complete list of videos, visit our video library