Welcome to the 1520 Perfect Dictionary
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| Pawnbroker | ||
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| PAWNBROKER Definition: A person who lends money in exchange for articles left with them. If the money is not paid back by a particular time, the pawnbroker can sell the article. _____________________________________________________________________ * All ten elements would be in. 1. Purposeful and necessary - to do business, make profit(?). [What help?!] 2. Registered. That is, person is known to the authorities, with a known address and/or location, etc. [Never a runaway!] ___________________________________ PLEASE, ... NOT AN 'ANGEL'. | ||
| Below the Line | ||
| 3. Person is a good, no, an excellent valuer. [Knowledgeable and/or experienced, trained.] 4. Person ensures that articles accepted have no legal encumbrances. [Demands receipts, documents, etc., if necessary.] (Connect to #7.) 5. Lender has an excellent storage facility for the items that are collected in exchange. That is, shop, office, etc., where articles are kept is secured and safe. 6. Collected objects or articles are the right items. That is, not a thing that has a sell-by or use-by or best-before date, as applicable. [Unless ... .] _________________________ NOT A CHARITY! further below the line 7. 'Arrangements' are properly documented. That is, the agreement signed between lender and borrower is watertight. In other words, an arbitrator or adjudicator will not be needed in the future in respect of the transaction. [With or without a witness or lawyer or ... .!]. 8. Fulfills all legal obligations as a sole trader or business. (Connect to #2 above the line.) __________________________________________________ WHAT CORPORATE SOCIAL RESPONSIBILITY? much further below the line 9. Money or monies given out is/are genuine, not counterfeit or fake! That is, customer does not get into trouble because of money received from the pawnbroker. 10. Article, if and when sold, gives back to pawnbroker his or her money's worth. Minimum, if not more! [What inflation or devaluation or exchange rate?] ____________________________________________ GRANTS NO FAVOURS TO 'BORROWER'. |
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