Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. why might it be shortsighted to bluntly refuse len

Why might it be shortsighted to bluntly refuse lending money or issue credit cards to...

50.1K

Verified Solution

Question

Accounting

image

Why might it be shortsighted to bluntly refuse lending money or issue credit cards to people without a credit history-such as young students-or to consumers with less-than-stellar credit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. A researcher is interested in whether college students get enough sleep. She suspects that they...

Statistics
Q

Select a product or service of interest, and develop a segmentation scheme chart with 16 segments...

Advance Math
Q

A 19.3-g mixture of oxygen and argon is found to occupy a volume of 16.2 L...

Chemistry
Q

Reflect on a time when you first joined a group (sports, activities, work-related, class-related project) and...

Psychology
Q

DETAILS HINT SERCP11 16 1 P 005 7 3 Points A constant electric field accelerates...

Physics
Q

Jahncke Inc. uses the weighted-average method in its process costing. The following data...

Accounting
Q

Toot Auto Supply distributes new and used automobile parts to local dealers throughout...

Accounting
Q

Weston Jewelers uses the perpetual inventory system. On April 2, Weston sold merchandise with a...

Accounting
Q

Place the phases of reaction to crisis in sequential order. Anger Depression Acceptance Denial Rationalization

Accounting
Q

2. Retirement planning Personal Finance Problem Hal Thomas, a 30-year-old college graduate, wishes to retire...

Finance
Q

Prepare an income statement. Baleen Company supplied the following data at the end of the...

Accounting
Q

Calculate the amounts of debt and equity financing that would be needed in Problem 2...

Finance