Answer: FALSE
Explanation: In simple words, a lessor refers to an individual who , under a contract of lease, lets another individual to use his or her assets in return of any kind of rent or one time payment.
The individual who pays the rent in return of right to use the asset of the lessor is called a lessee. Lessor is actually the owner of the asset.
Hence the given statement is false.
The answer i would choose is A
Yin yang and nick are doing alright hbu you do not need yearn lol hbu lol i you are so cute lol
Answer:
c
Explanation:
Banks are other lending entity's has access to a customer borrowing history. Through credit rating agencies, a bank can know whether a customer has a bad history in making loan repayments.
When a customer takes up a loan, banks share that information with a credit rating agency. The agency updated its records with the customer's national identity, such as the social security number. The banks keep on updating agencies on how each customer is meeting their obligation. Credit card payments are considered as loans.
Credit agencies rates each customer creditworthiness by assessing how they been repaying their debts. A higher credit score means the customer repays his loans promptly without missing installments. The information of each customer is available to all banks and lenders upon request.
