Unlike His Friend Who Has a Credit Score of 450

question 25

Multiple Choice

Unlike his friend who has a credit score of 450, Rashid has a credit score of 688, which lets him purchase more goods on credit than his friend. In the context of the Fair, Isaac and Company (FICO) scale, Rashid falls under the _____ category of creditworthiness.

• A) excellent
• B) poor to below average
• C) fair to good
• D) below average to fair

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Definitions:

Sample Or Model

A representative part or specimen used to demonstrate the quality or features of a whole.

Statutes Of Repose

Laws that set an ultimate time limit for when a lawsuit can be filed, regardless of when the harm or injury was discovered.

Large Manufacturers

Companies that engage in the production of goods in large quantities, typically operating on a significant scale in terms of size, output, and workforce.

Implied Warranty

A legal assumption that ensures goods are fit for their intended purpose, even if not explicitly stated.