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...

80.2K

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

Chemistry
1.2K views

Will all haloalkanes that have ethane as the parent chain not have numbers in the name?...

Biology
1.2K views

1) Define and compare the four levels of protein organization. How does the sequence of nucleotides...

Biology
1.2K views

In Mark Ritchie's study on Columbia Ground squirrels, what was thedifference in fitness between Optimal...

Biology
1.2K views

2 Protein synthesis has two main steps transcription and translation a How is RNA polymerase...

Accounting
1.2K views

On January 2, 2013, Potomac Corporation bought 90% of Seine Company for $1,789,000. At the...

Accounting
1.2K views

Cross Company reported the following results for the year ended December 31, 2021, its first...

Accounting
1.2K views

Rapp Company is considering switching to an Activity-based costing system (ABC). The company produces and...

Accounting
1.2K views

Nutritious Pet Food Company's board of directors declares a cash dividend of $5,200 on June...

Accounting
1.2K views

The assembly division of Stiles Watches, Inc. uses the weighted-average method of process costing. Consider...

Accounting
1.2K views

Wing Sporting Goods (WSG) is a small company that makes two models of a metal...

Accounting
1.2K views

Question 1 options: Data 1 You work for Thunderduck Custom Tables Inc. This...

Finance
1.2K views

Suppose a stock has negative beta. Under CAPM, what does it mean to the stock's...