Terms and conditions of giving informal source of credit

1.	Terms and conditions of giving informal source of credit
Answer» Answer: ${\huge{\fcolorbox{aqua}{navy}{\fcolorbox{yellow}{teal}{\bf{\color{yellow}{Here is your answer}}}}}}$ EXPLANATION: (a) INFORMAL sources of credit are MONEYLENDERS, traders, employers, relatives, friends ETC. ... (c) Their terms of credit are flexible for the personal benefit of the lenders and condition of borrowers. (d) They generally charge higher rates of interest and exploit the borrowers for their own benifits. ${\huge{\fcolorbox{aqua}{navy}{\fcolorbox{yellow}{teal}{\bf{\color{yellow}{please Mark Me as Brainliest}}}}}}$

Answer»

Answer:

${\huge{\fcolorbox{aqua}{navy}{\fcolorbox{yellow}{teal}{\bf{\color{yellow}{Here is your answer}}}}}}$

(a) INFORMAL sources of credit are MONEYLENDERS, traders, employers, relatives, friends ETC. ... (c) Their terms of credit are flexible for the personal benefit of the lenders and condition of borrowers. (d) They generally charge higher rates of interest and exploit the borrowers for their own benifits.

${\huge{\fcolorbox{aqua}{navy}{\fcolorbox{yellow}{teal}{\bf{\color{yellow}{please Mark Me as Brainliest}}}}}}$

Discussion

No Comment Found

Related InterviewSolutions

Can anybody tell me which is the smallest country in all over worlddd,..???
how many season's do you think there are describe the natural activity that take place during the season s
Black eesidue having a high carbon content released by power plants.
Which of the following ecosystems is found in a tropical coastal region and is characterized by trees with long roots that prop them up over the salty waters? A. the Sahara Desert B. a mangrove C. the Serengeti D. the Sahel Please select the best answer from the choices provided A B C D
Describe how volcanic hot spots and their distribution differs from that of other types of volcanos.
Asoka's army is known for all these exept
What is meant by the word "mio-pliocene"?
how remote sensing image processing techniques is different from other image processing techniques like medical imaging .?
In which province Murree is?
Name the famous hill stations of Western Ghats.(a) Purvanchal (b) Kongan (c) Udagamandalam (d) Goodaloor