9. Return to the guarantees or promises in Question 4. Consider everything you've learned
about this business, and explain how this business keeps borrowers in a cycle of debt.

Question

04-02-2022
Business

Answered

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9. Return to the guarantees or promises in Question 4. Consider everything you've learned
about this business, and explain how this business keeps borrowers in a cycle of debt.

Sagot :

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Tundexi Tundexi · Answer 1 · 2022-02-17T07:30:21-05:00

The business-owners need both creditors and debtors to function effectively

What are Guarantees & Promises?

A guarantees refers to a promise that something will be done or not be done if something happen while Promises does not need something to happen to be done

Usually, the business-owners keeps its borrowers in a cycle of debt because they act as a good cash-flow which is a features of good business and it is necessary because of the benefit from interest accruals

In conclusion, the business-owners need both creditors and debtors to function effectively.

9. Return to the guarantees or promises in Question 4. Consider everything you've learned about this business, and explain how this business keeps borrowers in a cycle of debt.

Sagot :

What are Guarantees & Promises?

Other Questions

9. Return to the guarantees or promises in Question 4. Consider everything you've learned
about this business, and explain how this business keeps borrowers in a cycle of debt.