Which of the Following Is an Example of Money Management

question 70

Multiple Choice

Which of the following is an example of money management?

• A)Putting your money in a savings account at your bank
• B)Shopping around for the credit card with the best interest rate
• C)Deciding to delay buying a car until you can pay for it with cash
• D)Purchasing renters insurance

---

Definitions:

Duty Of Care

The legal obligation to exercise a level of caution and attention to avoid harm to others or their property.

Malpractice

Professional misconduct or failure to exercise adequate levels of care, skill, or diligence, resulting in harm to another.

Reasonable Person

A hypothetical individual used as a legal standard to determine the appropriateness of an action in light of what a typical person would deem reasonable under similar circumstances.

Duty Of Care

Duty of care refers to the legal obligation to ensure the safety or well-being of others while performing any acts that could foreseeably harm them.