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Rina8888 [55]
3 years ago
13

What is the most useful thing?

Social Studies
1 answer:
kow [346]3 years ago
5 0

I would say electricity or food and water or God or car :) have a good day

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A witch has cast a spell on you turning you into an inanimate, non-electronic object for a year. To be changed back into human f
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a rusty old toaster oven

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Which region was home to tue Sioux
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They lived in the Northern Great Plains. This is North Dakota, South Dakota, Wisconsin and Minnesota.

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The process by which a legislator votes in favor of the legislation of other lawmakers in order to gain support for her own legi
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Why are authoritarian and totalitarian systems considered unlimited governments? A) Those systems protect indivdiual freedoms. B
ycow [4]

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What are the two categories of sources of credit? Mention four features of<br> each?
mafiozo [28]

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.

4 0
3 years ago
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