Answer: a. Reports indicate that students are particularly vulnerable to these tactics. If you fail to pay off the balance, you end up paying much more than the original purchase price for your items.
Explanation:
Even though financial advice is usually tailormade for the individual, a financial expert would most likely give this advice to a student because students are indeed vulnerable to such tactics.
They would be more prone to spend more in the store as a result of the credit card and this will lead to them being unable to pay off balances which will then lead to them paying much more than the original price they would have paid.
Ok so one of the biggest advantages would be a lower price but not only that if it is a newer car you wont have to pay the newer car fees you basically avoid them.<span />
The next step in the purchase process will be to identify and determine the potential suppliers.
<h3>What is a purchase process?</h3>
It should be noted that that purchasing process simply has to do with the buying of goods and services.
In this case, in the purchase process, once the company's needs have been identified and product specifications have been outlined, the next step would be to identify and determine the potential suppliers.
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Answer: Letter of credit
Explanation:
The letter of credit is one of the type of payment process that is specifically used for the purpose of international trading as it helps in proving the economical guarantee from the bank to the trader of various type of goods and the services.
The letter of credit is also refers as the documentary based credit and also the guarantee undertaking letter which is used at the time of payment and the main advantage of the letter of credit is that it is highly customizable, safety business process, Payment assured and also free from all the types of credit risk.
According to the given scenario, George asked the customer for providing the letter of credit for the purpose of protect his company fro the various types of payment and economical issue.
Therefore, Letter of credit is the correct answer.
first look at the starting value then approximately affect the ending value