A Bit Has a Value of

question 57

Multiple Choice

A bit has a value of

• A) 0 or 1.
• B) 0.
• C) 11010.
• D) 1024.
• E) 1.

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Definitions:

Chapter 7

A bankruptcy provision that involves the liquidation of a debtor's non-exempt assets to pay off creditors.

Alimony Payments

are financial support payments made by one ex-spouse to the other after divorce, as mandated by the court.

Consumer Debt

Financial obligations incurred by individuals primarily for personal, family, or household purposes, including credits cards, mortgages, and personal loans.

Credit Score

A numerical expression based on a level analysis of a person's credit files, representing the creditworthiness of the individual.