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Ravi Was Upset After Reading an Article About Children Forced

question 364

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Ravi was upset after reading an article about children forced to work as prostitutes. Ravi told his friends about the problem,pointing out that a well-established, underground industry exists to supply children to brothels. Ravi argued that the suppliers were methodically preying upon desperately poorfamilies, deliberately capitalizing on their difficulties. Ravi feltthat the suppliers justified their actions by convincing themselves that the children at least had a chance at a good life this way. Ravi's views are most in line with those of:


Definitions:

Face Value

The nominal or dollar value printed on a security or a financial instrument representing its value as stated by the issuer.

Interest Expense

The financial charge for the use of borrowed funds that an entity experiences over time.

Current Year

Refers to the present calendar year or fiscal year in which transactions and events are being recorded or reported.

Bond Premium

The amount by which the market price of a bond exceeds its principal amount or face value.

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