Which of the Following Elements Is Considered Characteristic of a Social

question 82

Multiple Choice

Which of the following elements is considered characteristic of a social class?

• A) habits
• B) age
• C) family background
• D) gender

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Definitions:

Open Account Agreement

A financial arrangement between two parties allowing for the buying and selling of goods and services on credit, without requiring prepayment.

Unfavorable Balance

A situation where a financial balance, such as trade balance or budget, is negative, indicating more outflows than inflows.

Importer

An individual or company that buys goods or services from another country for the purpose of selling them within their own country.

Society of Worldwide Interbank Financial Telecommunications

An international messaging network that financial institutions use for securely transmitting information and instructions related to financial transactions.