What Happens to Your Net Worth If You Sell Your

question 69

Multiple Choice

What happens to your net worth if you sell your car for more than you owe?

• A) Increase.
• B) Decrease.
• C) No change.
• D) Cannot determine with the given information.

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Definitions:

Critical Thinkers

Individuals who actively and skillfully analyze, assess, and reconstruct their thinking in a disciplined manner.

Sound Reason

A basis for argument or decision that is valid and grounded in logic or fact.

Creative Spirit

The innate or developed ability to create, innovate, or conceive artistic or novel ideas, projects, or solutions.

Willingness to Take Risks

The propensity of an individual to engage in behaviors or actions that have the potential for negative outcomes in pursuit of a desired result.