_____ Generally Refers to a Resource That Can Serve to Generate

question 13

Multiple Choice

_____ generally refers to a resource that can serve to generate wealth, such as factories, equipment, investment accounts, software, land, and education.

• A) An embargo
• B) A tariff
• C) Capital
• D) Arbitrage

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Definitions:

FACT Act

The Fair and Accurate Credit Transactions Act (FACT Act) is a U.S. legislation aimed at enhancing the accuracy of consumers' credit-related information and giving consumers more ability to combat identity theft.

Identity Theft

Using a computer to steal confidential information to clean out a person’s bank account, to run up credit card debt, to divert cash transfers, and to disrupt the financial and personal life of the victim.

Statute of Frauds

A legal principle requiring certain types of contracts to be written and signed to be legally enforceable, aiming to prevent fraud and misunderstandings.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of the parties.