4. Which answer best defines negative equity? 1. Negative equity is when the loan value is greater than the market value of the car.
2. Negative equity is when the purchase price is greater than the down payment.
3. Negative equity is when the loan value is greater than the down payment.
4. Negative equity is related to poor credit scores.

g

explanation:

g

answer; ///liability;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.

staple goods and impulse goods are examples of convenience products which consumers usually  buy. these products can be bought almost everywhere and are readily available for purchase. usually, the quality and price of the product are not considered. examples of staple goods are sugar and bread, while impulse goods examples are chocolates and magazine.