Preapproved Is a Credit Offer Based on a Pre-Qualification of the Individual's

question 111

True/False

Preapproved is a credit offer based on a pre-qualification of the individual's credit from a credit bureau report.

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Definitions:

Personal Service

Personal service refers to tasks or assistance provided directly to an individual, often implying customization and direct interaction.

Contractual Obligations

Contractual obligations are the duties that parties are legally bound to perform or avoid under the terms of a contract.

Debris

Scattered pieces of waste or remains left after the destruction of something.

Delegated Duty

A task or responsibility assigned by one party to another, usually within the scope of employment or contractual agreement.