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P142/CMP509/EE/20170803 Time : 3 Hours Marks : 80Instructions : 1. All Questions are Compulsory.2. Each Subquestion carry 5 marks.3. Each Subquestion should be answered between 75 and 100 words. Write
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Prevent negative marks are measures taken to avoid penalties or adverse entries on a record, typically related to credit reporting or compliance.
Individuals or organizations that wish to maintain a positive record or avoid penalties are required to file for prevent negative marks.
To fill out prevent negative marks, one must provide the necessary personal or business information, details of the record being contested, and any supporting documentation.
The purpose of prevent negative marks is to ensure that individuals or entities do not incur penalties that could affect their creditworthiness or compliance status.
Information that must be reported includes identification details, specifics about the issue leading to potential negative marks, and corrective actions taken.
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