Which One of the Following Is Not a Recommended Step

question 80

Multiple Choice

Which one of the following is not a recommended step individuals can use to weather a future financial crisis?

• A)establish a smaller than usual emergency fund
• B)consider converting investments to cash to preserve value
• C)contact banks and credit card companies if you are unable to make payments
• D)pay off credit cards
• E)seek cheaper alternatives to frequently purchased items

---

Definitions:

Takeover

The acquisition of control of a company by another, through the purchase of a majority of its shares or through other strategies.

Acquisition

The act of one business securing the bulk or all of another company’s equity to take over control.