Business Studies, asked by tasnimtsilor, 5 months ago

what is theft and credit​

Answers

Answered by aqsanajeebniazi
1

Answer:

Theft is defined as the physical removal of an object that is capable of being stolen without the consent of the owner and with the intention of depriving the owner of it permanently. ... Larceny is the trespassory taking and carrying away of personal goods from the possession of another with the intention to steal.

Explanation:

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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