According to Statistics Canada, by the Year 2035, About of Couples

question 9

Multiple Choice

According to Statistics Canada, by the year 2035, about of couples who married in 2004 will be divorced.

• A) 52%
• B) 38%
• C) 27%
• D) 15%

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Definitions:

Credit Risk

The chance of incurring a loss due to a borrower's inability to pay back a loan or fulfill agreed-upon terms.

Interest Rate

The rate of a loan that is attributed as interest for the borrower, often presented as an annual percentage of the outstanding amount of the loan.

Bankruptcy

A legal procedure for dealing with debt problems of individuals and businesses; officially declaring the inability to pay outstanding debts.

Appliance Manufacturer

A company involved in designing, producing, and selling electrical or mechanical devices for domestic use.