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Title: Creditors supply loans to sole proprietors at a high rate of interest because of:

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Q:

Creditors supply loans to sole proprietors at a high rate of interest because of:

Answers

* their low profit expectancy from this business.

* frequent experience of loan default.

* their inability to call in their loans or sell them to others.

* their general risk-averse nature.


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Title: Creditors supply loans to sole proprietors at a high rate of interest because of:

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    • Posted Date: May 27, 2012 at 5:47:10 PM

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A:
...supply loans to sole proprietors at a high rate of interest because of: Answers * their low profit...
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