tesliejoubert88 tesliejoubert88
  • 02-03-2020
  • Business
contestada

Justify the effectiveness of the national credit act ,2005 on businesses

Respuesta :

zitterkoph
zitterkoph zitterkoph
  • 02-03-2020

Answer:

The Act was introduced to: promote a fair and non-discriminatory marketplace for access to consumer credit

Explanation:

The National Credit Act was enacted on the premise that consumers need to be protected from this practice. The Act thus exerts pressure on the credit lenders to assess the consumer's ability to repay, disclose the cost of credit, as well as setting limit on interest that can be charged.

Answer Link

Otras preguntas

Seven times the difference of a number 5 is 6
What is the dictionary definition of biocontainment??
answers - a) -6 b) 4 c) -2 d) 8 please help , i'm trying to understand what i'm learning but anybody!!
What were the lasting effects of world war i?
What organelle is bigger in the plant cell than in the animal cell?
how does the author convey theme? writing technique:... Questions:...
How did Thomas Jefferson influence the development of democracy in the United States? A. He called for the United States to abandon the British system of co
What type of relationship do two people who work the same job share? a. horizontal b. managementc.flexible d.vertical
What stopped hitler invasion of the soviet union?
Can someone please help me with number 22?