Which of the Following May Indicate Potential Debt Problems

question 65

Multiple Choice

Which of the following may indicate potential debt problems?

• A)paying only the minimum balance each month.
• B)always borrowing to make it to next payday.
• C)your wages have been garnished to pay for debt.
• D)your utility company cuts off service because your bills are unpaid.
• E)paying only the minimum balance each month, always borrowing to make it to next payday, your wages have been garnished to pay for debt, and your utility company cuts off service because your bills are unpaid.

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Definitions:

Communication

The process of transmitting information, ideas, thoughts, or feelings between individuals or groups.

Intermediate Test

A standard used in legal and regulatory contexts to evaluate the constitutionality or appropriateness of a policy or action, requiring it to further an important government interest in a way that is substantially related to that interest.

Governmental Objective

The strategic goals or ends that a government aims to achieve through its policies, laws, and actions, reflecting public interest and societal needs.

Classification

The systematic organization or categorization of items, people, or data based on shared characteristics.