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In the US It Is Illegal as Well as Socially Frowned Upon

question 30

Multiple Choice

In the U.S. it is illegal as well as socially frowned upon to marry certain relatives. This is an example of a society that practices ________,


Definitions:

General Journal Entry

A record of financial transactions in the general journal that includes the date, accounts affected, amounts, and a brief description.

Interest Payment

The payment made by a borrower to a lender for the privilege of borrowing money, usually expressed as a percentage of the principal amount.

Present Value

The current estimated value of future money amounts or cash flow sequences, based on a specified return rate.

Annual Interest Rate

The percentage of the principal that a borrower must pay as interest over the course of one year, affecting the total cost of loans or the yield from investments.

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