A Graph Shows That as Fees to Use ATM Machines

question 117

Multiple Choice

A graph shows that as fees to use ATM machines increase, people use them less frequently. The graph of this relationship would show

• A)an inverse relationship.
• B)a negative relationship.
• C)a direct relationship.
• D)A and B are both correct.

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Definitions:

Debtor

An individual or entity that owes a debt to another called a creditor, typically arising from a loan or other financial obligation.

Secured Party

A lender or creditor in a secured transaction who has a legal interest or lien on collateral provided by the debtor.

Preferential Payments

Transactions made before a bankruptcy filing where a debtor gives preferential treatment to certain creditors over others.

Bankruptcy Filing

The formal process by which an individual or entity declares an inability to pay outstanding debts, seeking relief through legal proceedings.