You are the owner of Dale’s Clothiers for Men, a business designed to serve white-collar professionals.

The policy of your store is to provide credit cards for individuals who have good jobs and excellent credit. One day you receive an application from Jason Williams, a full-time graduate student at your local university. Jason went from high school to college, then to graduate school without ever working full time.He has few assets but not many liabilities because his parents paid for all of his expenses until he started graduate school. He is scheduled to graduate with an MBA in a year.You have decided to refuse his application but do not want to alienate him because he may become a good customer after graduation.Write a refusal letter adding necessary details.