Mary, a business person, borrowed money in a bank and it had different maturity dates. Mary decided not to fulfill the contractual obligations and she did not pay accordingly in the period agreed. How would you advise about the effects of such an activity to her business and to the lender.

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12-07-2022
Business

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Mary, a business person, borrowed money in a bank and it had different maturity dates. Mary decided not to fulfill the contractual obligations and she did not pay accordingly in the period agreed. How would you advise about the effects of such an activity to her business and to the lender.

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-07-13T17:37:14+02:00

The information given implies that the inference is that such an activity will her business as she'll have to pay more interest for the money borrowed.

What is an inference?

An inference is the conclusion deduced based on the information given.

In this case, the information given implies that the inference is that such an activity will her business as she'll have to pay more interest for the money borrowed.

Learn more about inference on:

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