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In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate revenue.

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The etymology of "business" refers to the state of being busy, in the context of the individual as well as the community or society. In other words, to be busy is to be doing commercially viable and profitable work.

The term "business" has at least three usages, depending on the scope — the general usage (above), the singular usage to refer to a particular company or corporation, and the generalized usage to refer to a particular market sector, such as "the record business," "the computer business," or "the business community" -- the community of suppliers of goods and services.

The singular "business" can be a legally-recognized entity within an economically free society, wherein individuals organize based on expertise and skills to bring about social and technological advancement.

In the future, referring any difficulties or shocks is that not every borrower is able to repay such an expensive mortgage loan, which leads to the fact that borrowers start to rush, trying to refinance the loan or to change bought on credit "square meters" for cheaper housing. And it's perfectly legal, but completely unfair. Moreover, you can cancel the contract before receiving the money. If the lender illegally increased its rate of interest or decided to charge a fee for services that have always been free, it will also serve as a basis for termination of the contract unilaterally. The Bank approves his application, but includes in the credit agreement a lump sum payment for the issuance of money.


 
 
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