UrbanPro

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

"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

How was the Zamindari system of land settlement responsible for the stagnation of Indian agriculture?
The zamindari system of land settlement was responsible for the stagnation of Indian agriculture because of the below-mentioned reasons(i) The zamindars were recognized as permanent owners of the soil.(ii)...
Hardik
0 0
7
How can I study for IIT preparation from class 11 without coaching?
Follow Arihanth book series. Solve each and every problems. Check the syllabus on net. Follow YouTube. And take best faculties in your home.
Sweetu
Is coaching in class 12 necessary to score 100 in chemistry?
Coaching is NOT necessary. But one must be ready to develop some qualities/habits to substitute the advantages coaching institutes provides. 1. CONSISTENCY: You must be regular with your studies. Because...
Santosh
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

Banking
Functions of RBI: 1. Authority to issue currency: It has the sole authority to issue notes and coins in India except for one rupee note, and coins are issued by the ministry of finance. 2. Banker's...

Characteristics/Qualities of Good Money - Class XII Economics (Macro-Economics)
Qualities/Characteristics of Good Money - HSC/SYJC/Class 12/Standard XII Macro-Economics - Commerce - Maharashtra State Board Also helpful for IGCSE/GCSE Economics and ICSE Class 10

FOP ie, Factors Of Production in Economics , for class 11
Factors of Production (FOP) Production of goods & services requires the use of certain resources. For eg : to produce whearc, a farmer needs land, labour, seeds, fertilizer, etc. So in this example...

What is Co- Branding?
Co branding is the utilization of two or more brands to name a new product. The ingredient brands help each other to achieve their aims. The overall synchronization between the brand pair and the new product...
K

Recommended Articles

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more