What is the difference between voluntary and involuntary inquires?
What will be an ideal response?
Answer: Voluntary inquiries are spurred by your own requests for credit. Involuntary inquiries occur when lenders request your report so that they can extend you a preapproved credit offer.
Business
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Accounts receivable insurance will not pay:
a. Customer's unpaid balances made uncollectible by the insured's loss of account records. b. The cost of reconstructing the insured's lost or damaged account records. c. Amounts owned to the insured but left uncollected because of billing errors. d. Excess collection costs due to the destruction of account records.
Business
Of the following, which one would be classified as a lien:
A: A notice to pay or quit; B: An attachment; C: A homestead; D: All of the above.
Business