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Which of the following is a major reason for the violation of ethics codes?
Credit Instrument
A document or agreement that serves as evidence of a debt or credit relationship, facilitating the extension of credit.
Indebtedness
A financial metric indicating the total amount of owed financial obligations or debts by an individual, company, or country.
Opportunity Costs
The benefit that is missed or given up when choosing one alternative over another, emphasizing the potential trade-offs in decision-making.
Credit Period
The timespan during which a buyer can purchase goods or services on account, without incurring interest charges.
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