If a landlord checks a renter's credit history before renting the apartment, this is an example of_______ .

Question

Quizplus · Accepted Answer

Screening refers to the process of evaluating potential renters or buyers to avoid risks associated with renting or selling a property to someone who might not be able to afford it or who might damage the property. Checking a renter's credit history is a common way of screening potential renters. Self-revelation refers to when a person discloses information about themselves voluntarily. The lemons market is a situation where the buyers have difficulty discerning the quality of the products or services they seek to purchase, leading to market failure. Certification refers to third-party verification of a product or service's quality or standards.

If a Landlord Checks a Renter's Credit History Before Renting