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kykrilka [37]
3 years ago
9

Write a paragraph summary of the history of credit and consumerism

Business
1 answer:
ollegr [7]3 years ago
7 0

Answer:

Credit was invented by Mr A Smith (of bank note fame) to allow parents to top-up teenagers phones. This was viewed as particularly important since without it they would be unable to cheat on their homework.

Explanation:

Do I really need to explain such an egregious answer

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The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other part
wolverine [178]

The correct answer of the question is Fraud.

The unintentional misstatement or nondisclosure of a material fact made by one party with the hope of influencing the other party amounts to: Fraud.

<h3>What is Fraud?</h3>
  • It is a form of deception or an unlawful gain.
  • It is an intentional form of deception that can have various criminal consequences.
  • There are various kinds of frauds like bank fraud, insurance fraud etc..
  • It is committed with the intention of gaining an unauthorized benefit.
  • it can occur in various domains like finance, real estate, insurance etc.
  • Usually a fraud can lead the person to have legal consequences and the victim can sue the person or organization which was involved with the crime.

To learn more about fraud visit: brainly.com/question/20357860

#SPJ4

5 0
1 year ago
__________ unemployment refers to loss of jobs due to a recession or a similar downturn in the economy.
Eva8 [605]

Answer:

Cyclical unemployment is the loss of jobs due to a recession or downturn in an economy.

Explanation:

Cyclical unemployment is a type of unemployment. It is also known as Keynesian or deficient-demand unemployment. This type of unemployment occurs when the overall demand in an economy is not enough to provide jobs to the people who want to work. Cyclical unemployment is observed during the periods of slow economic growth or recession.

4 0
3 years ago
You are stocking shelves when you notice that a large line has formed at the only open cash register. what will you do?
Sauron [17]
I will stop what I am doing to go open another cash register so things will move by quicker and customers won't get irritated
7 0
3 years ago
Read 2 more answers
Tammy just moved to an area that will soon get cold. She owns some sweaters, but she is not fond of them. She also does not own
Natalka [10]
Her needs must be met before her wants.
3 0
3 years ago
Glumhoff​'s Packaging Department had the following information at July 31. All direct materials are added at the end of the conv
katovenus [111]

Answer:

Explanation:

The total equivalent units of direct materials and conversion costs for the month has been computed and attached.

Note that the conversion cost for the ending work in process was calculated as:

= $35,000 × 28%

= $35,000 × 0.28

= $9,800

Check the attachment for further analysis.

6 0
3 years ago
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