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Unit 5 Summary
Unit 5 Summary
Unit 5 is about understanding business credit and risk management, as well as credit management. It covers the main types of credit, credit assistance, credit documents, the cost of credit, etc. Credit can be used by consumers for personal reasons and even businesses commercially. Credit is an agreement to obtain money, goods or services now in exchange for a promise to repay in the future. If credit isn’t used properly, it can lead to extreme debt that can’t be payed back.
📎 Document
📎 Document

# data[].attributes.body
Unit 5 is about understanding business credit and risk management, as well as credit management. It covers the main types of credit, credit assistance, credit documents, the cost of credit, etc. Credit can be used by consumers for personal reasons and even businesses commercially. Credit is an agreement to obtain money, goods or services now in exchange for a promise to repay in the future. If credit isn’t used properly, it can lead to extreme debt that can’t be payed back.