______________ and ______________ Are Emerging Types of Formal Groups

question 36

Short Answer

______________ and ______________ are emerging types of formal groups.

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Definitions:

Creditors

Individuals or institutions that lend money or extend credit and are owed money by debtors.

Credit Request

An application for borrowing money or obtaining goods or services with the promise to pay back at a later time.

Notification Days

The specified period within certain agreements or regulations where parties are required to notify others about certain conditions, changes, or events within a set timeframe.

Truth In Lending Act

A U.S. federal law designed to promote informed use of consumer credit by requiring disclosures about its terms and cost.