A credit score is the number that is assigned to the lenders that measure how well they are able to pay a debt. Credit scores are affected by how the previous loans were paid as well the amount of the loan. Late payments, short term loans, and small loans will result to a low credit score.
Answer:
moral hazard
Explanation:
Banks reduce the risk of moral hazard when they monitor and supervise how their clients are using the loans and credits made to them.
Some types of credits do not require any type of monitoring or control, e.g. a credit card which a client can use basically however he/she wants to. But other types of credit that are taken for purchasing assets, e.g. a mortgage, must be used by the bank's client to specifically carryout the intended activity.
In economics, moral hazard refers to the tendency that an economic party can engage in unusually risky activities because the capital (money) that they are investing is not theirs and the negative effects of a potential loss will be suffered most by other parties.
The earliest franchise of indoor cycling classes called Spinning
<h3>Spinning</h3>
- Spinning is a brand of indoor bicycles and indoor cycling instruction classes distributed and licensed by the American health and fitness company Mad Dogg Athletics.
In conclusion, we can conclude that the correct answer is spinning.
learn more about spinning from here: brainly.com/question/339581
Answer:
(a) Men and women aged 16 to 22
Explanation:
The teens nitch is defined from 13 to 19 years old, therefore the youngster in the age from 16 to 22 is the optimal market for American Eagle.
