An Ascribed Status Is a Social Position

question 42

Multiple Choice

An ascribed status is a social position

• A)attained by a person largely through his or her own efforts.
• B)"assigned" to a person by society without regard for the person's unique talents or characteristics.
• C)that is earned.
• D)that is reached as a result of negotiation.

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Definitions:

Sold At A Discount

Selling a product or security for less than its face value or normal selling price.

Cash Interest Paid

The actual cash outflow for interest payments on debt obligations during a specific reporting period.

Sold At A Discount

A financial term indicating that a security or product is sold for less than its nominal or face value.

Stated Rate

The interest rate declared on a financial instrument, such as a bond or loan, not accounting for compounding or market conditions.