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question 16

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Directions: Choose the best answer based on the information you read in Chapter One. ​ ​ Which of the following is not a writing-to-learn strategy?


Definitions:

Written Statement

A formal, documented expression of facts or opinions, which is signed and usually legally binding.

Creditor Beneficiary

A third party that benefits from a contract made between two other parties, primarily involving debt repayment.

Life Insurance Policy

A contract between an insurer and an insured, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.

Bank

A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals and businesses.

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