Examlex
Political analysts have identified a decline in the trust citizens put in their government. Why is trust such an important trait for politics? In what ways is it helpful for levels of trust to be high? What are some of the causes of the decline in trust? How might trust be regained?
Effective Annual Interest Rate
The interest rate on a loan or financial product restated from the nominal rate as an annual rate that takes into account compounding over a given period.
Terms Of Sale
The conditions agreed upon between a buyer and a seller regarding the purchase of goods, including payment and delivery.
Credit
The ability of a borrower to obtain goods or services before payment, based on the trust that payment will be made in the future.
Cash Only Credit Policy
A policy where a company or business does not extend credit to customers and requires payment in cash at the point of sale.
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