Which Is NOT One of the Categories of the Human

question 85

Multiple Choice

Which is NOT one of the categories of the Human Development Index?

• A) Very high
• B) High
• C) Medium
• D) Low
• E) Very low

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Definitions:

Unlimited Financial Liability

A legal obligation where business owners are personally responsible for all the debts of their business, without any limit.

Partnerships

A legal arrangement where two or more parties collaborate in managing and operating a business.

Life Insurance

A type of insurance that protects people against the financial losses that occur with premature death.

Franchising

A business model that allows individuals to own and operate a branch of a larger company using its brand name, systems, and processes.