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What are the characteristics of credit?
1. it is a bipartite contract 2. the contract is personal in nature 3. the contract has a pecuniary nature 4. there is the presence of trust and confidence 5. credit is risk 6. futurity 7. creation of legal obligation 8. the transfer of ownership or title
What are characteristics of a simple contract?
list the characteristics of a simple contract
What is a credit risk when entering into a derivative contract?
Credit Risk. Credit risk or default risk evolves from the possibility that one of the parties to a derivative contract will not satisfy its financial obligations under the derivative contract.
Do you still get credit in your phone if you are on a 30 day rolling contract?
If you are on a 30 day rolling contract, you probably have a SIM only deal. Yes you can get credit for such contract.
What happens when your under the age of 18 and you enter a credit contract?
In most countries it is illegal for someone under 18 to obtain credit or sign a legal contract. The contract would therefore be illegal and unenforceable.
What do you need to buy a phone from t-mobile?
You going to sign a contract or no contract? For a contract to get your phone cheaper you will have to do a credit check.
How old do you have to be to have your own credit card?
you have to be 18 to sign a contract for a credit card in your name.
What is credit is a pecuniary contract?
credit as a pecuniary contract means the credit is always expressed in terms of money. when you buy goods on credit from a retail store or borrow money from a bank or any financing institution, it is understood that such obligation shall be paid in money.
Is a chase credit card a written contract?
YES
Where can you a student card?
credit or parents sign contract
What are the characteristics of credit and explanation of each?
atm
I wanna know if I apply for AT and T 2 year contract they gonna do a credit check So is that a hard pull or a soft pull on my credit?
If you apply for a 2 year contract with AT&T they will do a hard pull on your credit report.
