Compared to Citizens in Many Other Advanced Industrial Nations,Americans Tend

question 69

Multiple Choice

Compared to citizens in many other advanced industrial nations,Americans tend to join groups or associations ______ citizens of nearly every other country.

• A) more often than
• B) less often than
• C) about as often as

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Definitions:

Negotiable Instrument

An official document that assures the payment of a fixed sum of money, payable either on demand or at a designated time, with the document bearing the name of the person obligated to pay.

Letter of Credit

A financial document issued by a bank that guarantees a buyer's payment to a seller within a specified timeframe.

Certificate of Deposit

A time-bound deposit held at a bank or financial institution that offers a fixed rate of interest.

Consideration

The value, usually in the form of money, goods, or services, exchanged in a contract between parties.