Lenders and Creditors are stakeholders that can be taken for granted because their influence is small as there are many lending institutions.

Question

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Lenders and creditors are important stakeholders in any business or individual's financial operations. While there may be many lending institutions available, neglecting payments or defaulting on loan agreements can have serious consequences such as legal action, damage to credit scores, and difficulty in securing future loans. Therefore, lenders and creditors should not be taken for granted regardless of the number of available institutions.

Lenders and Creditors Are Stakeholders That Can Be Taken for Granted