What Kind of Documentation Is a Credit Provider Not Obliged

question 46

Multiple Choice

What kind of documentation is a credit provider not obliged to provide to a debtor under the National Credit Code?

• A)A copy of the credit policy of the business
• B)A written contract
• C)A pre-contractual statement
• D)An information statement

---

Definitions:

Added Value Negotiating

A negotiation strategy focusing on creating benefits and value for all parties involved, rather than merely haggling over existing value.

Alternative Deal Packages

This involves creating various packages of terms and options in negotiations or transactions to offer flexibility and cater to different preferences or priorities.

BATNA

Best Alternative To a Negotiated Agreement (BATNA) is the course of action that will be taken by a party engaged in negotiation if the current negotiations fail and no agreement can be reached.

Green-Light Zone

refers to areas or circumstances in which ideas, actions, or initiatives are encouraged, supported, or approved.