what is creadit? (2mark question )
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Credit is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.
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Answer:
Credit is the trust which allows one party to provide money or resources to another party wherein the second Party does not remiburse the first party immediately, but promise either to repay or return those resources at a later date.
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