Mark Purchased a Very Expensive Automobile on Credit

question 8

Essay

Mark purchased a very expensive automobile on credit. Within a week, Mark discovered that a tune-up was necessary, for he was in the habit of driving at an excessive rate of speed. When the car was repaired, the bill was more than $1,000. Mark does not have the money to pay for the car repairs or the monthly car payments. The credit company as well as the repair shop are concerned over who has priority of repayment. Who has priority and why?

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Definitions:

Negative Outcomes

Refers to results or consequences that are undesirable, harmful, or counter to what is intended or expected.

Self-esteem

An individual's subjective evaluation or perception of their own worth, value, or competence.

Positively Evaluated

Being positively evaluated means receiving a favorable assessment or judgment from others or oneself.

Publicly Express

To openly showcase or declare one's thoughts, opinions, or emotions in a public setting or forum.