"Whether credit would be useful or not, it depends on the situation". Give two different examples in support of this statement.

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

Mathematics Magician

The examples are based on the risks in the situation and whether there is some support in case of loss.The examples are(i) A manufacturer taking credit for supplying goods in the festival season usually has low risk, as the products are most likely to be sold completely.(ii) A small farmer taking credit...
read more
The examples are based on the risks in the situation and whether there is some support in case of loss.The examples are(i) A manufacturer taking credit for supplying goods in the festival season usually has low risk, as the products are most likely to be sold completely.(ii) A small farmer taking credit for crops has larger risks in case of crop failure. His only support in case of loss is the land, which he has to sell.Thus, it can be concluded that usefulness of credit depends on the situation read less
Comments

Maths Tutor

Yes, credit would be useful: i) Reducing the Tax, ii) Make loans with low interest.
Comments

Related Questions

What if I join coaching for IIT JEE in class 12 and not in class 11. Will I still have clear cut concepts in class 11?
U can join .. but the pressures wud increase as u have to cover 2 yr syllabus in one yr .. so its bttr to strt earlyy as possible But if u can cope up n handle pressure .u r gud to go
Gowrikanth
0 0
6
How should I study Class 12 mathematics without coaching?
Solve R. D SHARMA (REFERENCE BOOK) FROM BASIC LEVEL TO HIGHER LEVEL. And YOU MUST TAKE HELP FROM YOUR SCHOOL MATHS TEACHER.
My
0 0
7
Can I manage class 11 with entrance coaching?
You can very well manage class 11 with entrance coaching by making an in-depth study from the word go once you start your curriculum.This will ,in no way hinder the regular stream if and only if exhaustive...
Mukund
0 0
6
Which coaching institute should I join in class 11 for iit?
I suggest career endeavour or kotta classes You should also prepare by yourself too
Sumit
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons




How Can The Fiscal Windfall Be Used To Solve The Problem Of Twin Balance Sheet?
By using the finances in the windfall for strengthening the government's balance sheet rather than for government consumption. The Chief Economic Advisor suggests that:"The best use of windfall would...
A

Amruta M.

0 0
0

Recommended Articles

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Quality education does not only help children to get a successful career and life, but it also hugely contributes to society. The formal education of every child starts from school. Although there are numerous schools, parents find it challenging to choose the right one that would fit their child. It is difficult for them...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

While schools provide formal education to the children, the home is where they start learning about things informally. Parents think that schools will take the initiative to educate their children. Well, this is partially true, as parents also play an essential role in bringing up their child. For the development of particular...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you