Answer:
The two categories of sources of credit are formal and informal sources.
Explanation:
The formal source of credit as the name implies is an official means of obtaining loans. Its features include,
1. It is administered by corporate institutions like banks and other lending bodies.
2. It is regulated by a body in the relevant country.
3. There are recognized and standard interest rates that must be paid by the borrower.
4. It is guided by laws which both parties are expected to keep.
The Informal sources of credit are unofficial means of borrowing funds There features include,
1. They can be obtained from friends, relatives, and acquaintances.
2. There are no standard interest rates as these are determined by the lenders.
3. There are no official bodies to regulate the lending process.
4. They are mostly used by poor businessmen and women who need small loans.
when u say facts , do you mean true stuff about him, or things that he states ? i don't understand can u be more specific
The correct answer is Paul's attitude toward the film will get more extreme after he thinks about it.
Explanation: The tool that assesses susceptibility to persuasion can be incorporated into different applications and systems by companies operating in the fields of education, marketing, e-commerce, among others.
The name of the agency which is in charge of making use of central clearance to look through agency budgets before they are submitted to the president, is known as the:
- The Office of Management and Budget
<h3>What is a Budget?</h3>
This refers to the allocated money which is set aside for a particular project.
With this in mind and from the given question, we can see that under central clearance, before the agency budgets are submitted to the president, they have to be approved by The Office of Management and Budget.
Read more about The Office of Management and Budget here:
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