Credit allows companies access to tools they need to produce the items we buy.
Explain the significance of letter of credit in international marketing?
CREDIT
A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:Accepting DepositsLending LoansProviding Bank AccountsProviding Credit Cardsetc.
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
explain the difference between cash and credit transaction
what is different about interest rates, or price of credit, from other prices in the economy
Credit is a type of money in the economy. It is a form of temporary currency that is used to buy goods and services.
A credit score of 720 or higher is generally considered very good credit.
credit
no way hosay! :)
Credit score that is around or more than 700 is considered to be good and score below 500 is considered to be bad. It is always advised to constantly monitor your credit score.
Explain how a hostile takeover can trigger an accelerated obligation credit event