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Unsecured credit cards allow free spending with a credit limit. They are the most common type of credit card and are based upon trust. Secured credit cards are backed by funds that are pre-paid into the account or collateral. They are more like a loan.

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What is difference between industry and business?

what is the difference between a business and an industry. I couldn't explain it clearly, but I could tell the general information about what is 'business' and 'industry''. Hope this would help. - A business (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers... - Industry refers to to many companies in the same line of business company is a business generally with a profit motive and with shareholders often not involved in the business either as employees or as clients.


Explain what is meant by the term maintaining confidentiality?

Basically the long and short of it is keep a secret. Don't divulge any information. Business is a lot like war, information can be the difference between success and failure.


What are some basic things you should do when trying to resolve a difference with a business?

Speak to the management. Explain your plight and see if the business offers a fair resolution. If the business doesn't, word of mouth is very powerful!


Explain nature and scope of business economics?

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Can you explain the differences between a secured credit card and an unsecured credit card?

A secured credit card requires a security deposit as collateral, while an unsecured credit card does not. The security deposit on a secured card acts as a guarantee for the credit limit, making it easier to qualify for, especially for those with limited or poor credit history. On the other hand, an unsecured credit card does not require a deposit but typically requires a good credit score for approval.

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