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A BEACON Score of 820 Indicates a Person Has a High

question 70

True/False

A BEACON score of 820 indicates a person has a high likelihood of paying back debt as expected.


Definitions:

Strict Liability

A legal principle where the defendant is liable for damages caused by their actions, regardless of fault or intent.

Privity Of Contract

The principle that contracts confer rights and impose obligations only on the parties actually agreeing to the terms.

Squirt Gun

A water-emitting toy designed for recreational purposes, often used in games and play.

Duty To Warn

The legal obligation to inform others of a known danger or risk, typically related to product safety or professional services.

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