Respondent Data Can Be Classified into Three Types: Past Behavior,attitudes,and

question 6

True/False

Respondent data can be classified into three types: past behavior,attitudes,and future behavior.

---

Definitions:

Written Statement

A formal, documented expression of facts or opinions, which is signed and usually legally binding.

Creditor Beneficiary

A third party that benefits from a contract made between two other parties, primarily involving debt repayment.

Life Insurance Policy

A contract between an insurer and an insured, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.

Bank

A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals and businesses.