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Discuss the General Principles That Should Be Used for Credit

question 15

Essay

Discuss the general principles that should be used for credit decisions.


Definitions:

False Cause

A logical fallacy where it is erroneously assumed that one thing is the cause of another because of a sequence of events.

Bloom's Taxonomy

A classification system used to define and distinguish different levels of human cognition – understanding, learning, and thinking.

Analyze

The process of examining something methodically to understand its components, meaning, or relationships.

Bloom's Taxonomy

A classification system used in education to define and distinguish different levels of human cognition - i.e., thinking, learning, and understanding.

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