The Quality of Your Credit Rating Is Maintained by

question 117

Multiple Choice

The quality of your credit rating is maintained by

• A)only using cash to make purchases.
• B)making credit payments early.
• C)seldom questioning billing errors.
• D)using multiple credit cards.
• E)meeting credit obligations as contracts require.

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Definitions:

Qualitative Research

A research method focused on understanding phenomena through in-depth investigation of people's experiences, perceptions, and motivations, often conducted through interviews, observations, and analysis of texts and documents.

Sociological Perspective

A way of looking at society and social behavior that involves questioning the obvious, examining social patterns, and considering individual behaviors within larger social contexts.

Capitalist System

An economic system where trade, industry, and the means of production are largely or entirely owned and operated by private individuals or companies for profit.

Quality of Mind

A concept referring to an individual's ability to be alert to circumstances and to think critically and empathetically.