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    pts): This regulation could have quite a great impact on protected consumers. If the shoppers are protected by this regulation, a good consequence would be that the debt collectors would not be approaching the customers over faulty charges to their cards or bank accounts. Bad consequence (5 pts): The bad consequences of this regulation that would affect protected consumers would be that they may not be able to fully prove that their accounts have been hacked and their identities have been…

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    had his credit card in his hand. "Can you swipe again? The computer is not taking it." The old man sighs and swipes again. This time you can hear the machine make a noise that no one wants to hear. "I am sorry sir, but it seems that the computer is not registering your card," says the teen. "This is ridiculous! Why is this not working?" The man was starting to get angrier than he was before. "Do you have a chip reader?" The man nodded and slammed his card into…

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    method is swiping a plastic card; it may be either a debit or credit card. Despite the fact that both cards may look alike, they share some key similarities and differences as well. Having knowledge on these different types of cards can help someone decide on which may be a better option when it comes to completing transactions. The information provided will vary with different types of credit and debit cards, these are the most common. For starters, both debit and credit cards are a more…

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    offered is investments, banking, online banking, insurance, credit cards, and CD’s. In this paper, you will see some of the pricing strategies that Bank of America offers to individuals as well as investors. The process will show you the target market that bank is trying to receive, and with the promotions that Bank of America has to offer in the next month or two along with their future business. Then last, you will understand the business aspects of distribution of products that Bank of…

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    Social Media Frauds

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    In today’s society internet usage has become an everyday household activity for entertainment, and business. Schools nationwide have also utilized modern day technology for educational purposes and has brought a whole new spectrum to the teaching. This has also connected us globally and has allowed us to stay in contact with distant friends and family members as well as giving us the opportunities to meet people from around the world. All this has been accomplished through the start of the…

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    hundred and thirty million credit card and platinum card numbers, making it the greatest PC wrongdoing case ever arraigned in the nation, the United States. DIID Team of individuals supported the U. S. Secret Service (USSS) in gathering proof and making legal copies of the personal computers use by Gonzalez and his co-schemers.…

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    Petty cash is a “small amount of cash that a business keeps on hand to pay for small items or services” instead of writing a check or using a business credit/debit card. Research a common amount of money kept for petty cash funds in in a small medical office with 40 employees. In a small business it would be appropriate, depending on the needs of the practice to keep at least $100.00 to $200.00 in small bills and coins, separate from cash drawers and only have one staff member be responsible…

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    industry it is just as important to secure information from threats that can possibly damage a company’s image and finances. It is a fact that business have to secure their information to keep their competitive advantage and remain successful. Regardless…

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    Consumer credit is considered an important part of modern society. List and explain TWO types of consumer credit. What are some examples of each? The TWO types of consumer credit are Closed-end and Open-end credit. Closed-end credit A one time loan that is repaid in equal payments by the end of the term. The loan is repaid in full amount by the end of the term, by a specific date. Interest is charged on the amount borrowed and it usually is a specific amount that remains the same for the term…

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    program and company. I was able to distinguish if this internship was the right fit for me. I also was able to ask as many questions as I wanted and have a one on one conversation as oppose to emailing the company. Also, I like the fact that I have business cards that I can keep and use for future reference. To me, this is extremely valuable that I have talked to someone in the company before applying for the internship. While looking back on my experience, I feel as if I could have researched…

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