Written warranties are regulated by Congress under the A) ...

[Pineapplelove6]

Written warranties are regulated by Congress under the
 
  A)
 
  Consumer Protection Act of 1970.
  B)
 
  Magnuson-Moss Warranty Act of 1975.
  C)
 
  Antitrust Improvements Act of 1978.
  D)
 
  Robinson-Patman Act of 1936.

Question 2

You purchased 100 shares of KLM at 40 a share by depositing the minimum amount of margin. If the initial margin requirement was 50 and the maintenance margin requirement is 30, you will get a margin call if KLM's price falls to
 
  A)
 
  12.
  B)
 
  20.
  C)
 
  29.
  D)
 
  32.

[kristenb95]

Answer to Question 1

B

Answer to Question 2

C

[Pineapplelove6]

Thank you

[kristenb95]

Happy to help you