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Discuss Some Social Networking Websites of Which You Are a Member.Give

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Essay

Discuss some social networking websites of which you are a member.Give an example of how membership to these social networking websites influences your consumption behavior.


Definitions:

Creditor

An individual or institution to whom money is owed.

Technical Default

A failure to meet some specific terms of a loan agreement, lease, or another contract, other than the failure to make payments as and when they fall due.

Interest Payments

Payments made by a borrower to a lender, consisting of the cost of borrowing money over a period of time.

Principal Payments

Payments made towards the original amount borrowed in a loan, excluding interest payments, thereby reducing the outstanding principal balance.

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