It Is Impossible for an Individual to Be Approved for a Finance

question 62

True/False

It is impossible for an individual to be approved for a finance company loan with a bankruptcy on their record.

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Definitions:

Late Shipment

The act of delivering goods after the expected or agreed-upon delivery time.

Potential Loss

The possible negative financial impact or damage that could occur in the future.

Rescind

To annul, void, or rescind a law, order, or agreement.

Preparatory Steps

Actions or measures taken in anticipation of a future event, often related to planning or setting up operations.