Analyze the Flowchart Below and the Statements Which Follow

question 6

Essay

Analyze the flowchart below and the statements which follow.Determine which statements are true based on the flowchart.

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Definitions:

Education Loans

Financial loans provided to students to help cover the costs of post-secondary education, which typically have to be repaid with interest after graduation.

Parents Liable

Refers to the legal responsibility of parents for the actions and behaviors of their underage children.

Minor Children

Individuals under the age of legal adulthood, whose rights and responsibilities are significantly different from those of adults.

Legally Binding Contract

An agreement between parties that is enforceable by law.